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Does interest rate risk (the bond value changing when market interest rates change) affect bond investors who purchase the bonds and hold them to maturity?
Does interest rate risk (the bond value changing when market interest rates change) affect bond investors who purchase the bonds and hold them to maturity?
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yes it does As interest rates rise the market value of bonds falls If you have a ...
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
