Corporate Finance (FIN 201) Bond Pricing, Yield to Maturity, and Duration Exam Review
New York University
Corporate Finance (FIN 201) | Exam Review

Overview
A bond-focused exam review covering present value pricing, YTM intuition, duration as interest-rate sensitivity, and common bond math pitfalls.

Key topics
•bond cash flows and discounting
•yield to maturity meaning and solving
•duration and price sensitivity
•clean vs dirty price and accrued interest

Suggested study tasks
•price a bond from coupon, yield, and maturity
•explain how yield changes move price
•practice one duration-based comparison of two bonds

Common pitfalls
•discounting coupons at the wrong rate
•confusing coupon rate with YTM
•forgetting compounding frequency and accrued interest