What is Finance?
Finance is the study of allocation of the assets of investors over time under conditions of certainty and uncertainty.
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What is Islamic Finance?
Islamic Banking is the banking activities that follows the principals of Shariah Laws. Islamic Banking offers products that are accordance with Shariah Laws.
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Bond ValuationBond valuation is the technical way of calculating the fair value of participial bond. Interest payment and par value of bond is fixed, investors valuate bond to find what rate of return is required for an investment for the bond to be worthwhile.
Formula for Calculating value of bond
VB = Value of Bond
CP = Coupon Payment PV = Par Value i = Interest rate n = Number of payment |
Calculating the Value of Bond |
