Study notes on fixed-income mathematics, drawing on Frank J. Fabozzi’s Fixed Income Mathematics: Analytical and Statistical Techniques.

| Time Value

• The Time Value of Money (TVM)

| Bond Pricing

• (1) Pricing of a Straight Bond
• (2) Accrued Interest

| Investment Returns

• (1) Internal Rate of Return (IRR)
• (2) Yield to Maturity (YTM)
• (3) Current Yield
• (4) Spot Rate

| Mathematics

• Methods of Equation Solving: Bisection and Newton’s Approach