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

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1.

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.

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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