Instructor's Manual


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1. Determinants of the Level of Interest Rates
2. Issuers
3. Financial Intermediaries
4. Time Values
Chapters 1-4
5. Money Market Instruments and Rates Chapter 5
6. The Risk of Changing Interest Rates Chapter 6
7. Time Value with Nonflat Term Structure Chapter 7
8. Arbitrage Chapter 8
9. Term Structure of Interest Rates Chapter 9
11. Put and Call Options Chapter 11
12. Call Features on Bonds Chapter 12
13. Mortgages Chapter 13
14. Futures Contracts Chapter 14
15. Bond Futures Chapter 15
17. Exchange Rates and International Investments Chapter 17

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