Valuation of Bonds | Firm | Financial Management
In this article we will discuss about:- 1. Meaning of Bonds 2. Bond Value 3. Theorems 4. Computation of Future Cash Flows. Meaning of Bonds: Bonds are negotiable promissory notes that can be used by individuals, business firms, governments or government agencies. Bonds issued by the government or public sector companies in India are generally secured. Private sector companies may [...]