© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.

Interest Rates

Cost of Money and Interest Rate LevelsDeterminants of Interest Rates

The Term Structure and Yield CurvesUsing Yield Curves to Estimate Future

Interest Rates

Chapter 6

6-1

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-2

Chapter 6: Interest Rates

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-3

Chapter 6: Interest Rates

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-4

Chapter 6: Interest Rates

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-5

Chapter 6: Interest Rates

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-6

Chapter 6: Interest Rates

© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied, or duplicated, or posted to a publicly accessible website, in whole or in part.6-7

Chapter 6: Interest Rates