8. Callable Bonds (LO2, CFA5) All else the same, callable bonds have less interest rate sensitivity than
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8. Callable Bonds (LO2, CFA5) All else the same, callable bonds have less interest rate sensitivity than noncallable bonds. Why? Is this a good thing?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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