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1. What are the cash flows associated with a bond? What are important bond features and why do values and yields fluctuate? Explain with 250
1. What are the cash flows associated with a bond? What are important bond features and why do values and yields fluctuate? Explain with 250 words or more.
2. Explain the difference between a perpetuity (zero growth model), constant growth model and a non-constant growth model in valuing stocks. Explain with 250 words or more.
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