FINA 6121: Debt Markets, Interest Rates, and Hedging
Bond valuation: yield conventions, spot/forward rates, term structure, binomial pricing, static/option-adjusted spread. Duration: PVBP, Macauley/modified/effective duration, convexity. Portfolio management, hedging: dedicated, immunization, horizon matching, contingent, indexing, portfolio insurance, hedging. Treasury market: role of Fed, auctions, primary dealers, market conventions, bills, notes, bonds, strips, repos. Fixed income markets: agency, corporate, private placement, securitization, municipal.
 
Requirements: MBA student
Grading Basis: A-F only
 
Term:Section:Credits:Class#:Instructor:Meets:Session:Location:Enrollment:
Fall, 2009060231139Nelson,RickW
05:45 PM- 09:05 PM		First Half of TermCarlson School of Mgmt 1-14348
Fall, 2009090220641Nelson,RickT
05:45 PM- 09:05 PM		First Half of TermCarlson School of Mgmt 1-13248
Spring, 2010001261649Goldstein,Robert STTh
09:55 AM- 11:35 AM		First Half of TermCarlson School of Mgmt 2-23348
Spring, 2010060261651Goldstein,Robert SM
05:45 PM- 09:05 PM		First Half of TermCarlson School of Mgmt L-11048
Summer, 2010090281233T
05:45 PM- 09:05 PM		Regular Academic SessionCarlson School of Mgmt 1-14248
Fall, 2010060228945W
05:45 PM- 09:05 PM		First Half of Term48
Fall, 2010090219787T
05:45 PM- 09:05 PM		First Half of Term48