MPF_ACP2 Analysis of securities 2

Faculty of Economics and Administration
Spring 2020
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Luděk Benada, Ph.D. (lecturer)
prof. Ing. Oldřich Rejnuš, CSc. (lecturer)
Ing. Lukáš Marek (seminar tutor)
Guaranteed by
prof. Ing. Oldřich Rejnuš, CSc.
Department of Finance – Faculty of Economics and Administration
Contact Person: Iva Havlíčková
Supplier department: Department of Finance – Faculty of Economics and Administration
Timetable
Tue 10:00–11:50 S306
  • Timetable of Seminar Groups:
MPF_ACP2/01: Thu 10:00–11:50 S311, L. Marek
Prerequisites (in Czech)
( MPF_ACP1 The Security Analysis 1 || MPF_ASAN Security Analysis )
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
The course is divided into thirteen lecture blocks. Opening topic is focused on bonds and investing. Then students become familiar with the analysis and yield of long-term and short-term bonds, partial interest yield and bond price. The next parts of the course are focused on the bond duration and convexity, yield curves, bonds risks and rating. The final part is devoted to the bonds portfolio and bonds investing in the Czech Republic.
Learning outcomes
At the end of the course students will be able to: - analyze short-term and long-term bonds, - calculate yields of short-term and long-term bonds, - describe and calculate a partial interest yield and explain its influence on a bond price, - calculate bond duration and convexity and explain their use, - explain yield curves, - describe bonds risks, - explain rating.
Syllabus
  • 1)Bonds and investing 2)Analysis of long-term bonds 3)Yield of lon-term bonds 4)Partial interest yield and bond price 5)Analysis of short term bonds 6)Yield of short-term bonds 7)Bond duration 8)Bond convexity 9)Yield curves 10)Bonds risks 11)Rating 12)Bonds portfolio 13)Bonds investing in the Czech Republic
Literature
    required literature
  • ŠOBA, Oldřich and Martin ŠIRŮČEK. Finanční matematika v praxi. 2., aktualizované a rozší. Praha: Grada Publishing, 2017, 330 stran. ISBN 9788027102501. URL info
  • VESELÁ, Jitka. Investování na kapitálových trzích. 2., aktualiz. vyd. Praha: Wolters Kluwer Česká republika, 2011, 789 s. ISBN 9788073576479. info
  • STÁDNÍK, Bohumil. Trhy dluhopisů. Vydání první. V Praze: Oeconomica, nakladatelství VŠE, 2015, 209 stran. ISBN 9788024520841. info
    recommended literature
  • The handbook of fixed income securities. Edited by Frank J. Fabozzi - Steven V. Mann. 8th ed. New York: McGraw-Hill, 2012, xxx, 1809. ISBN 9780071768467. info
  • REJNUŠ, Oldřich. Finanční trhy - učebnice s programem na generování cvičných testů (Financial markets-the textbook with the program to generate the training tests). 1. vydání. Praha: Grada, 2016, 380 pp. ISBN 978-80-247-5871-8. info
Teaching methods
Lectures and seminars
Assessment methods
The in-term tests in seminars will be taken in weeks 7 and 12 of the semester. Students are allowed to take the exam (written) after the following requirements have been met: - scoring at least 60% in each in-term test. - completing assigned questionnaires. The course is completed with an written exam. Any copying, recording or leaking tests, use of unauthorized tools, aids and communication devices, or other disruptions of objectivity of exams (credit tests) will be considered non-compliance with the conditions for course completion as well as a severe violation of the study rules. Consequently, the teacher will finish the exam (credit test) by awarding grade "F" in the Information System, and the Dean will initiate disciplinary proceedings that may result in study termination.
Language of instruction
Czech
Further comments (probably available only in Czech)
Study Materials
The course is taught annually.
Credit evaluation note: k=1.
The course is also listed under the following terms Spring 2010, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Spring 2015, Spring 2016, Spring 2017, Spring 2018, Spring 2019, Spring 2021.
  • Enrolment Statistics (Spring 2020, recent)
  • Permalink: https://is.muni.cz/course/econ/spring2020/MPF_ACP2