- Fees: $300
- CPD: 3 Hours
- Subject: Investment
- Language: English
- Difficulty: Intermediate
- Platform: Zoom / E-Learning
Course description
This course will equip students with the knowledge, confidence, and strategies necessary to analyze fixed-income securities and bond valuation.
What you'll learn
- Explain the basic investment attributes of bonds and their use as investments.
- Describe the essential features of a bond, note the role that bond ratings play in the market, and distinguish among different types of call, refunding, and sinking-fund provisions.
- Explain how bond prices are quoted in the market and why some bonds are more volatile than others.
- Identify the different types of bonds and the kinds of investment objectives these securities can fulfill.
- Discuss the global nature of the bond market and the difference between dollar-denominated and non-dollar-denominated foreign bonds.
- Describe the basic features and characteristics of convertible securities and measure the value of a convertible security.
- Explain the behavior of market interest rates and identify the forces that cause interest rates to change.
- Describe the term structure of interest rates and note how investors can use yield curves.
- Understand how investors value bonds in the marketplace.
- Describe the various measures of yield and return and explain how investors use these standards of performance to value bonds.
- Understand the basic concept of duration, how it can be measured, and its use in the management of bond portfolios.
- Discuss various bond investment strategies and the different ways investors can use these securities.
