How to calculate bonds – I am doing F1 at the moment and while going through exam practice kit (Kaplan) i came accross a few questions regarding bonds (calculation of market price, yield to maturity , market value of the bond) however I wasnt able to find a chapter about the calculation of the above neither in Kaplan study text nor in opentutition for F1.
Is this element not covered in exam? If it is where can i find some more information please?
Also there is a few questions re- Baumol and Miller Orr cash management model which doesnt seem to be covered in study book? Any idea how should i treat it?