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Bonds are long-term debt obligations primarily issued by governments and corporations. Bond pricing is based upon the present value of the future cash flows generated
Bonds are long-term debt obligations primarily issued by governments and corporations. Bond pricing is based upon the present value of the future cash flows generated by the bonds. This includes periodic interest and principal repayment. The discount rate applied to the bond reflects the investors required rate of return. What are the factors that are included in the discount rate. Please do not plagiarize.
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