PL EN


2013 | 155 | 419-429
Article title

O metodycznej poprawności wyceny obligacji

Authors
Content
Title variants
EN
The Methodical Correctness of Bonds Evaluation
Languages of publication
PL
Abstracts
EN
The article concentrates on the issue of estimating the present, fair value of coupon bonds. The author takes under consideration comparison of the present value of bonds with the same face value, the same coupon yield but different interest payment frequencies. It has been shown that the commonly proposed methods lead to erroneous measurement results. Therefore, a modification in the methodology of the coupon bonds valuation was proposed. The modification concerns a different way of discounting the bond face value. The analysis was performed for the discrete and continuous time evaluation.
Keywords
Year
Volume
155
Pages
419-429
Physical description
Contributors
author
References
Document Type
Publication order reference
Identifiers
ISSN
2083-8611
YADDA identifier
bwmeta1.element.desklight-ca82f11c-3529-4b56-b752-12f18be44880
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