{"product_id":"bond-math-the-theory-behind-the-formulas-wiley-finance-9781576603062","title":"Bond Math: The Theory Behind the Formulas (Wiley Finance)","description":"\u003cp\u003eA guide to the theory behind bond math formulasBond Math explores the ideas and assumptions behind commonly used statistics on risk and return for individual bonds and on fixed income portfolios. But this book is much more than a series of formulas and calculations; the emphasis is on how to think about and use bond math.Author Donald J. Smith  a professor at Boston University and an experienced executive trainer  covers in detail money market rates  periodicity conversions  bond yields to maturity and horizon yields  the implied probability of default  after-tax rates of return  implied forward and spot rates  and duration and convexity. These calculations are used on traditional fixed-rate and zero-coupon bonds  as well as floating-rate notes  inflation-indexed securities  and interest rate swaps.Puts bond math in perspective through discussions of bond portfolios and investment strategies.Critiques the Bloomberg Yield Analysis (YA) pag\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45792603078709,"sku":"ByrdShop_1576603067","price":336.91,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9781576603062.jpg?v=1784755204","url":"https:\/\/atxbooks.com\/products\/bond-math-the-theory-behind-the-formulas-wiley-finance-9781576603062","provider":"ATX Books","version":"1.0","type":"link"}