Unit 3: Stocks and Bonds

Overview

Stocks and Bonds

Overview of Stock and Bond Markets

The Pricing of Stocks

Discount Bonds

Discount Bonds Example

Coupon Bonds

Corporate Bonds

Debt in the Pharma Industry

Solved Practice Problems

Zero-Coupon Bonds

Coupon Bonds

Yield Spread, Risk Premium, and Default Premium

Present Value of Growth Opportunities

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