"A complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities Mortgage- and asset-backed securities are not as complex as they might seem. In fact, all of the information, financial models, and software needed to successfully invest in and manage a portfolio...

Cover -- Title Page -- Copyright -- Contents -- Foreword -- Preface -- Acknowledgments -- Introduction -- Part 1 Valuation of Fixed-Income Securities -- Chapter 1 The Time Value of Money -- 1.1 Present Value -- 1.2 Future Value -- 1.3 Present Value of an Annuity -- 1.4 Future Value of an Annuity...