Upon completion of this quantitative finance course with R, participants will gain the skills necessary to effectively utilize R in developing models for valuing fixed interest rate bonds. Additionally, they will acquire the ability to estimate and analyze a bond's yield, which serves as a crucial measure of the opportunity cost for bond investors. Furthermore, participants will learn various modeling techniques that can be employed to safeguard bond portfolios against fluctuations in interest rates. Understanding the importance of valuing bonds is essential due to their significance as securities issued by governments or corporations. These securities provide regular interest payments according to a predetermined schedule and are widely recognized as the most prominent type of fixed income securities. In fact, the US fixed income market surpasses the US stock market by 1.5 times in terms of size. However, unlike stocks, fixed income instruments, including bonds, are traded infrequently. Consequently, relying solely on a bond's price as an indicator of its value may prove unreliable. Therefore, the utilization of analytical techniques becomes imperative when analyzing and valuing bonds.