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Fixed rate bonds: Dunc taught how a bond worth $1,000 at maturity in 10 years, assuming a required rate of return of 10% and annual
Fixed rate bonds: Dunc taught how a bond worth $1,000 at maturity in 10 years, assuming a required rate of return of 10% and annual interest payouts of $100/year, would see it's value fall if, for various factors, the required rate of return decreases the required rate of return increases 4
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