FIN 431 FIXED INCOME ANALYSIS

This course examines the market for and the price/yield determinants of various fixed income securities, including Treasury debt, corporate bonds, agency debt, municipal bonds, mortgages and asset-backed securities. Topics include securitization, the term structure of interest rates, credit default swaps and credit modeling and portfolio management strategies, such as duration, convexity, and immunization. Prerequisites:

Credits

4 sh

Prerequisite

A grade of C+ or better in FIN 343.

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