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Consider a 8% bond with a YTM of 9%. All else equal (including the YTM remaining 9%), te mere passage of time (e.g., 6 months
Consider a 8% bond with a YTM of 9%. All else equal (including the YTM remaining 9%), te mere passage of time (e.g., 6 months later) we should expect the bond price to move
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
