6. Bond terms (S25.1) Bond prices can fall either because of a change in the general level...

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6. Bond terms (S25.1) Bond prices can fall either because of a change in the general level of interest rates or because of an increased risk of default. To what extent do floating-rate bonds protect the investor against each of these risks?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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