a. Explain the impact on the offering yield of adding a call feature to a proposed bond

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a. Explain the impact on the offering yield of adding a call feature to a proposed bond issue.

b. Explain the impact on both effective bond duration and convexity of adding a call feature to a proposed bond issue. P-963

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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