Understand how bonds are valued, not just priced. This clear, practical guide explains how to compute present value to see what a bond is really worth today.
Originally published in 1889, this book walks through the math behind bond values, describing why different prices align with specific yields. It uses simple examples to show how interest, premiums, and discounts interact over time, helping readers grasp the logic behind market prices and investment decisions. The focus is practical, not theoretical, and the explanations aim to demystify bond valuation for investors and students alike.
What you’ll experience:
Ideal for readers curious about the foundations of bond math, or those studying the history of financial formulas.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book is a treatise that provides a framework for valuing bonds. The author presents an array of complex mathematical proofs, tables, and examples to demonstrate the valuation methods. The book begins with the concept of sinking funds to provide for the difference between par value and bond cost and gradually advances to complex topics such as Car Trust, Building Loan, and Instalment Plan problems. The author stresses that these methods can be applied to solve various problems, including United States government bonds and annuities. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781334347771_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334347771
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781334347771
Quantité disponible : 15 disponible(s)