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What is Valuation of Bonds and Shares about?

This document provides an overview of bond and share valuation concepts. It discusses the fundamental characteristics of different types of bonds and shares, and how to value them using present value techniques. Key valuation measures discussed include yield to maturity, current yield, duration, and modified duration. The document also examines theories related to the typical upward sloping shape of the yield curve, including the expectation theory and liquidity premium theory.

Author
smsmba
Language
EN