CA Final AFM Security Valuation: Bond Valuation, YTM & Spot Rates | Lecture 2 Nov 26 & May 27

Welcome to Lecture 2 of the CA Final AFM Gamechanger Series! In this session, we kickstart the highly critical Security Valuation chapter, focusing entirely on the core concepts of Bond Valuation. Designed for the Nov 26 and May 27 examination , this exam-oriented fast-track series breaks down exactly what a bond is, the basic terms of a debenture, and how to value a Zero-Coupon Bond (ZCB). We dive deep into the logic behind YTM (Yield to Maturity), Spot Rates, and Yields so you can master these concepts visually and structurally without blindly memorizing formulas. Whether you are building your confidence for a re-attempt or learning Security Valuation for the first time, this logic-based approach will ensure you can tackle any complex ICAI module, past paper, RTP, or MTP question with absolute ease. Watch the full video to master Fixed Income Securities and score an exemption in Advanced Financial Management! This completely free YouTube series is built to help you master AFM systematically, one concept at a time. 🔔 Join our Telegram Channel for Free AFM PDF Notes & updates: https://t.me/afmbycanikeshshah If you are ready to shift from memorization to pure financial logic, make sure to hit that Subscribe button and turn on notifications! Timestamps: 00:00:00 - Introduction 00:03:25 - What is a bond 00:06:10 - Bonds v/s Debentures 00:09:10 - Basic terms of a bond 00:11:50 - How to find Intrinsic Value/ Price of a bond 00:18:30 - Relationship between Interest Rate & Bond Price 00:33:30 - Zero Coupon Bond Valuation 00:40:26 - Spot Rate 00:42:41 - Coupon Paying Bond Valuation 00:48:45 - Yield to Maturity (YTM) 00:52:20 - Revision from Notes 00:55:45 - Yield Curve. 00:59:05 - Revision from Notes