Question
Consider Kamala, 25 years old, and Joe, 68 years old. Kamala wants to put some money aside for her retirement (in 45 years time), while
Consider Kamala, 25 years old, and Joe, 68 years old. Kamala wants to put some money aside for her retirement (in 45 years’ time), while Joe wants to invest his savings for 2 years to finance his dream trip to Japan. They are both considering investing in 10-year maturity bonds. Are they exposed to the same risk?
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No they are not exposed to the same risk Kamala is investing for a longer period of time ...
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
