The discussion of asset pricing in the text suggests that an investor will be indifferent between two

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The discussion of asset pricing in the text suggests that an investor will be

indifferent between two bonds which have equal yields to maturity as long as

they have equivalent default risk. Can you think of any real-world factors which

might make a given investor prefer one of these bonds over the other

Posted Date: May 18, 2024 10:15 AM

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