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1. Describe the concept of NPVGO, and how this can create measurable value. Explain the Terminal Value. 2. Explain why bond investors may earn a
1. Describe the concept of NPVGO, and how this can create measurable value. Explain the Terminal Value.
2. Explain why bond investors may earn a capital gain or capital loss in addition to the interest earned on the bond think about market value (PV) vs. Maturity value (FV) and the influence of changing rates and YTM
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