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1. What is yield to maturity and how is it determined in the market? Explain some of the factors influencing yield. 2. Global interest rates

1. What is yield to maturity and how is it determined in the market? Explain some of the factors influencing yield. 2. Global interest rates are generally at very low levels. What impact do you think that the current interest rate level has had on bond prices and why do you believe this? Has there been any spillover effect on the economy in your opinion

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