AEM 4260 - Fixed-Income Securities

Fall. 4 credits. Letter grades only (no audit).

Prerequisite: MATH 1110 or equivalent, AEM 2100 or equivalent, AEM 2240.

V. L. Bogan.

Focuses on fixed-income securities including corporate bonds, default-free bonds, and floating rate notes. Other topics include related financial instruments such as forwards and futures on fixed-income securities, interest rate swaps, bond options, and mortgage-backed securities. In addition to the analysis of specific types of fixed-income securities, there is an examination of the tools used in bond portfolio management.

Outcome 1: Develop effective communication skills.

Outcome 2: Attain analytical and functional competency in the basic business and economic skills.

Outcome 3: Demonstrate the ability to solve practical business and economic problems and make an impact in real world and society.