Reading 52 introduction to fixed income valuation

01234567ÿ9 ÿ6ÿ ÿÿÿÿÿÿÿÿ!ÿÿÿÿ"#ÿÿ$%ÿÿ&'ÿÿ!ÿ &$ÿ'ÿÿ(%ÿ) *+,-#.# /+0#.# 1+"#0# 01234567ÿ92ÿ6ÿ re in 3!ÿÿÿÿÿÿÿ0#"ÿÿÿ,#0ÿÿÿÿ"#,,4ÿ5$6ÿ$5% ($56ÿ'ÿÿÿ$ÿ&'ÿÿ6ÿÿÿ&$ÿ'7 ok c en t *+"#8,# /+"#9# 1+#.:# bo 01234567ÿ9 ÿ6ÿ w o m ;ÿ?4ÿÿÿ@ÿ$6#ÿAÿ5(ÿB0.ÿ$%%ÿÿ"#.ÿ(5ÿC5'ÿD5&(56 @ÿÿÿÿÿ6#ÿ4ÿÿ@ÿÿ(ÿÿ%ÿ"#80#ÿÿ@ÿ$5ÿÿÿ# ÿC5'ÿ@ÿÿ6ÿÿ) w w *+(54ÿÿÿ%ÿÿ$5ÿÿ(ÿ(ÿ5(# /+(54ÿÿÿ%ÿÿ$5ÿÿ(ÿ(ÿ5(# 1+$5$4ÿÿÿ%ÿÿ$5ÿÿ(ÿ(ÿ5(# 01234567ÿ9 ÿ6ÿ ;ÿAÿÿ($%6ÿ'ÿÿÿÿ@ÿÿÿ&%#ÿEÿÿÿ$5%4ÿ"#0ÿ@ÿ'ÿ ÿÿ$5#ÿAÿÿ((ÿ@5ÿÿ(6ÿÿ!%5ÿ5ÿÿÿÿF5(5ÿÿ'5%ÿ%G ÿG'ÿÿ@Hÿ!%5ÿ6!ÿ!5ÿ(#ÿ?ÿÿ%ÿÿ$5ÿ&ÿ#0ÿÿ0#.4ÿÿ@Hÿ&ÿ!%5 ÿ(%ÿ) #0 0#. *+,4.I-#" 909#:I /+9:"#I ,4.8#"8 1+9:#.I ,4.0-#I" 01234567ÿ9 ÿ6ÿ  ÿÿÿÿÿÿÿÿÿÿÿ!"ÿ#$ÿÿ%ÿ%ÿ"&ÿÿ'() *!"ÿ+ÿ,-./( 0!"ÿ+ÿ'-'1( 0!"ÿ+ÿ'-2/( 34526-7.8452/-/.9452.-,.- re in 01234567ÿ9:ÿ6ÿ  ;ÿ7>76-/2- w w o AÿBÿÿ5>>76-/2- w w o AÿBÿÿ5>