Investment Principle

강의상세

　투자론, 투자기법, 자산군 등에 대한 이해

　Trading

1.	Trading	Types of orders, Types of and use of margins
2.	Margin trading	buying on margins, short selling
3.	Short-selling, regulations of securities markets	Securities Act, Securities and Exchange Act, Sarbanes Oxley Law, sample problem solving
4.	Bond price and yields	Types of bonds and their characteristics, treasury and corporate bonds
5.	Bond price and yields, innovations in bond market	price and yield calculation, use of EXCEL spread sheet as a calculator
6.	Yield-to-maturity, durations	calculation formulas, compound yield, implied forward rate, mechanics to protect lenders and issuers against the rise or the fall in interest rate
7.	Bond price and yield from credit risk perspective	price calculation, yield curve, default risk
8.	Credit ratings	credit spread, factor analysis for credit risk evaluation, key financial ratios
9.	Credit risk continued, term structure of interest rate	bond subordination, risk-adjusted returns, credit default swaps, term structure of interest rate and various theories
10.	Stock valuation	Valuation methods and models, intrinsic vs. market value, required vs. expected return