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Assume that you are looking to invest in a bond (i.e. you are the bondholder.) What kind of risks do you need to evaluate before
Assume that you are looking to invest in a bond (i.e. you are the bondholder.) What kind of risks do you need to evaluate before investing? Explain the following different types of risk: (1) price risk, (2) reinvestment risk, (3) default risk and how each might impact your investment decision.
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