Understand the concept of yield to call (YTC) and learn about its impact on callable bonds with this comprehensive guide. Get insights on calculations, examples, and potential pros and cons.
Discover how dollar duration helps bond fund managers measure and manage a portfolio's interest rate risk effectively. Learn the fundamental concepts, applications, and limitations of this crucial finance metric.
Explore the technique of bond valuation to determine the theoretical fair value of bonds, considering factors like present value, future interest payments, and maturity value.
Discover how parity price levels make two assets equal in value and explore how this concept applies in various markets from convertible bonds to forex trading.