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CH:3 4/5/6/7 4. What three facts emerge from the calculation of yield to maturity? 5. What is the relationship between bond prices and interest rates?
CH:3
4. What three facts emerge from the calculation of yield to maturity? 5. What is the relationship between bond prices and interest rates? 6. What is meant by the term "reinvestment rate risk" and why is it of concern to purchasers of bonds? 7. What is interest rate risk 4/5/6/7
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