Bond Notation and Terminology (SOA Exam FM - Financial Mathematics - Module 3, Section 4)

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SOA Exam FM (Financial Mathematics) Module 3, Section 4
After completing this video you should be able to:
Define and recognize the definitions of the following terms: price, book value, amortization of premium, accumulation of discount, redemption value, par value/face value, yield rate, coupon, coupon rate, term of bond.
Given sufficient partial information about the items listed below, calculate any of the remaining items:
- Price, book value, amortization of premium, accumulation of discount.
- Redemption value, face value.
- Yield rate.
- Coupon, coupon rate.
Example given in the video:
You buy a 10-year 1000 face value bond with 8% semiannual coupons and a redemption value of 1200. The price of the bond is 1259.51 to yield 6% compounded semiannually.

[@jacobwoodruff8252]

If we know the material in this series of videos front and back will we be prepared for exam FM or should we consult supplementary materials in addition to this video series? Enjoying all the videos!

[@chamathmallawaarachchi1599]

@@The2ndUsername do you have notes for the exam?