Abstract
A bond is a simple financial agreement that entitles the holder to a certain set of fixed cash payments in the future. Since all the cash flows are known in advance1 the price of the bond simply reflects the market place’s perception of what constitutes a fair rate of interest.
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© 2002 Springer-Verlag London
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Larsson, S. (2002). Bond Pricing and the Yield Curve. In: Shadbolt, J., Taylor, J.G. (eds) Neural Networks and the Financial Markets. Perspectives in Neural Computing. Springer, London. https://doi.org/10.1007/978-1-4471-0151-2_4
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DOI: https://doi.org/10.1007/978-1-4471-0151-2_4
Publisher Name: Springer, London
Print ISBN: 978-1-85233-531-1
Online ISBN: 978-1-4471-0151-2
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