The document discusses various financial terms related to loans and bonds. It covers preferred loan features like redemption and linkage. It also discusses interest rates, accrued interest, taxes, and period to maturity. Formulas are provided for expected index, yield to maturity, and the calculation of bond prices.

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6. PREFERRED LOAN -
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01/01/2003 -
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7. REDEMPTION -
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8. LINKAGE -
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9. INTEREST -
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10. ACCRUED INTEREST –
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11. TAX -
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12. PRIOD TO MATURITY –
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14. ADJUSTED VALUE –
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16.  n  M1
P = 100+ [C ⋅ (1− t )]⋅ ⋅
m
 365 M0
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17. EXPECTED INDEX –
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18. –
YIELD TO MATURITY
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23. ¯
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 
R
 N 1 +  − 1  × 100 =
 100  
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24. –quot;
=n quot; =V
=r =P
=m ( ) =T
=g =i
=M
=B

25. quot;
P ⋅ r ⋅ (1 − T )
n
P
V =∑ +
(1 + i ) (1 + i )
n n
t =1
C = P ⋅ r ⋅ (1 − T ) :
C 
1 P
V = 1 − +
 (1 + i )n  (1 + i )n
i 

26. quot;
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C+F
C C
Br = + + .... +
1 + r (1 + r ) (1 + r )
2 n
YTM = r

27. quot;
C+F
C C
Bm = + + ..... +
1 + ytm (1 + ytm ) (1 + ytm )
2 n
[ ]+
C 1− 1
F
(1+ ytm )2
Bm =
(1 + ytm )n
ytm
[ ]+
c ⋅ F 1− 1
F
(1+ ytm )n
Bm =
(1 + ytm )n
ytm

28. quot;
( d) ( )
Bm = C⋅ d1 +C⋅ d2 +.....+(C + F) ⋅ dn

29. quot;
(Forward)
C C
Bm = + +
(1+ r1) (1+ r1)⋅ (1+ r2 )
C+F
C
+ +....+
(1+ r1)⋅ (1+ r2 )⋅ (1+ r3 ) (1+ r1)⋅....(1+ rn )