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May 09, 2025
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2024-2025 Undergraduate Hill Book
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ECO 420 - Fixed Income Analysis3 Credits Offered alternative years in Spring This course covers valuation and portfolio management techniques for fixed income securities. Major topics include the term of structure or interest rates; the measurement and management of price volatility using duration and immunization; credit risk embedded options and option-adjusted spreads; mortgages and prepayments risk; and international bond portfolios.
Prerequisite(s)/Restriction(s): ECO 309 - Money and Banking or FIN 327 - Investments
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