第八章债券定价和风险管理1.Bondanalysis1.1CapitalizationofIncomeMethodofValue1.2Bondattributes1.3.Yieldspread的确定1.4预测违约的财务比(financialratio)单变量方法多变量方法1.5.债券定价2.Fixed-incomeportfoliomanagement例子2.1.Convexity2.2Duration例子DurationDuration和股票价格变化之间的关系例子凸性与Duration之间的关系Whatdeterminesduration?2.3PassivebondmanagementPassivemethodsBond-indexfunds债券市场指标LehmanBrothersMerrillLynchSalomonBrothersNumberofissuesmaturityofincludedbondsexcludedissuesweightingreinvestmentDailyavailabilityvalue1000060008%interestrate2.4Activebondmanagement