Emne - Interest Income Securities - BFIN4012
Interest Income Securities
Det tilbys ikke lenger undervisning i emnet.
Om
Om emnet
Faglig innhold
The course aims to explore various interest income securities and how they can be of use to investors and corporations. It covers valuation of different interest income securities and using the securities for hedging purposes. Topics covered include: bonds with embedded options, mortgage-backed securities, repos, interest rate derivatives, interest rate risk, yield curve risk, and credit risk.
Læringsutbytte
Knowledge:
The course will provide an understanding of various characteristics of interest income securities including bonds with embedded options and mortgage-backed bonds. It will also provide an appreciation of various valuation approaches available to value various interest income securities, and an assessment of the risks associated with each security. Moreover, the use of various derivatives to manage the risks will also be discussed.
Skills:
Students are expected to be able to: understand the approaches available to value different types of interest income securities, estimate the value of various types of interest income securities, appreciate the risks associated with such securities, and use the securities for hedging purposes.
Læringsformer og aktiviteter
Lectures and assignment
Obligatoriske aktiviteter
- One individual assignment
Mer om vurdering
Supporting material allowed on exams: Approved calculator regarding NTNUs support material code B-D "specific basic calculator". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus. Admission to study programme required, see "special conditions".
Spesielle vilkår
Krever opptak til studieprogram:
Entrepreneurship (MSENTRE)
Entreprenørskap (MENTRE)
Finansiell økonomi (MFINØK)
Industriell økonomi og teknologiledelse (MTIØT)
International Business and Marketing (860MIB)
Regnskap og revisjon (MRR)
Samfunnsøkonomi (MSØK)
Samfunnsøkonomi (MSØK/5)
Økonomi og administrasjon (MSIVØK5)
Økonomi og administrasjon (ØAMSC)
Anbefalte forkunnskaper
Either a bachelor degree with finance major or an enrollment in a master program with finance as a major or a minor is recommended.
Forkunnskapskrav
none
Kursmateriell
The reading list will be available at the start of the semester.
Fagområder
- Økonomi og administrasjon