The document discusses various financial terms related to bonds such as preferred loans, redemption, linkage, interest accrual, taxes, yield to maturity, and valuation. It provides equations to calculate values such as present value, yield, and internal rate of return. Various factors that influence the price and return of the bond are also covered.

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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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. 2004

12. PRIOD TO MATURITY –
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14. ADJUSTED VALUE –
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xrydn deab dqxead xry m` – ei'b`
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16.  n  M1
P = 100+ [C ⋅ (1− t )]⋅ ⋅
m
 365 M0
. - Pm
( ) -C
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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;
¯
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 )