12.1: Chapter Twelve- Learning Outcomes
Learning Outcomes
In this chapter you will:
- Define three forms of Income .
- Introduce the “ Valuation Premise . ”
- Calculate both the Holding Period Return and the Dollar Price of a Bond .
- Distinguish the characteristics of Discount, Par, and Premium bonds .
- Expl ore how Creditability and Maturity affect Market Yields, i.e., the Yield s -to-Maturity .
Note : Review questions for Chapters Twelve through Fourteen will appear at the end of Chapter Fourteen.