In this chapter, you’ll cover simple and compound interest, compounding frequencies, future value as well as commonly used financial functions in the NumPy-financial package.

Simple interest & compound interest

Calculating simple interest

Calculating compound interest

Future value & compounding frequencies

Calculating future value

Calculating compounding frequencies

More financial functions

Calculating the number of periods

Calculating the payment amount

Calculating the required interest rate

Solving real-world problems

Time Value of Money

Let’s get fiscal. You’ll discover how to find the price of both zero-coupon and coupon-paying bonds, as well as examining the relationship between bond prices and bond yields.

Nilai kini & obligasi tanpa kupon

Menghitung nilai kini (present value)

Menentukan harga obligasi tanpa kupon (zero coupon)

Obligasi dengan kupon

Dampak imbal hasil obligasi terhadap harga

Dampak kupon terhadap harga

Harga obligasi vs. imbal hasil obligasi

Opsi

Diskon

Premium

Diskon vs. par vs. premium

Memplot harga obligasi terhadap yield

Menghitung imbal hasil obligasi

Membandingkan imbal hasil obligasi tanpa kupon

Membandingkan imbal hasil obligasi kupon

Bond Prices & Yields

Now it’s time for you to explore interest rate risk via the concept of duration, the factors affecting duration, and how to use duration to predict the price changes of a bond or hedge bond portfolios.

Duration

Interest rate sensitivity of two bonds

Zero coupon and coupon bond duration

Factors affecting duration

The bond with the highest duration

Comparing the duration of two bonds directly

Using the steepness of the price/yield line

Plotting duration vs. the factor

Dollar duration & bond price prediction

Percent duration and dollar duration

Creating a duration neutral portfolio

Predicting price impacts from duration

In the final chapter, you’ll be introduced to convexity. You’ll see how it helps address the weaknesses inherent in duration, examine the factors affecting convexity, and use both duration and convexity together to better predict bond prices.

Convexity

Predicted vs. actual prices I

Predicted vs. actual prices II

Finding the convexity of a bond

Factors affecting convexity

The bond with the highest convexity

Comparing the convexity of two bonds directly

Using the curvature of the price/yield line

Plotting convexity vs. the factor

Dollar convexity and bond price prediction

Dollar convexity

Convexity adjustment

Combining duration and convexity

Congratulations!

Pasar obligasi dunia bernilai sekitar 120 triliun dolar; pasar ini berperan penting dalam membantu pemerintah dan bisnis mengumpulkan modal dan merupakan bagian esensial dari sebagian besar portofolio investasi. Dalam kursus ini, Anda akan mempelajari keterampilan penting yang diperlukan untuk bekerja di industri keuangan, asuransi, dan akuntansi, termasuk memahami dan menganalisis pasar. Melalui aktivitas praktis, Anda akan mempelajari cara kerja obligasi, cara menentukannya harganya, serta cara menilai beberapa risikonya menggunakan paket numpy dan numpy-financial.

Introduction to Functions in Python

Pelajari cara kerja obligasi, menilai harga dan risikonya dengan paket numpy dan numpy-financial.

Penilaian dan Analisis Obligasi dengan Python

Pelajari cara kerja obligasi, cara menghitung harganya, dan menilai beberapa risikonya menggunakan paket numpy dan numpy-financial.

Obligasi 5 tahun dengan kupon 2% dan imbal hasil 4% 

Obligasi 2 tahun dengan kupon 6% dan imbal hasil 6%

Obligasi 20 tahun dengan kupon 5% dan imbal hasil 3%

Diskon vs. par vs. premium

Penilaian dan Analisis Obligasi dengan Python

Latihan interaktif praktis