A U.S. investor who purchases the bonds issued by the government of France made the following comment:
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A U.S. investor who purchases the bonds issued by the government of France made the following comment: "Assuming that the French government does not default, 1 know what the cash flow of the bond will be." Explain why you agree or disagree with this statement.
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Related Book For 
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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