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How can one find the market price of a bond given its yield to maturity or find a bonds yield given its price? Why do
- How can one find the market price of a bond given its yield to maturity or find a bonds yield given its price? Why do prices and yields vary inversely?
- Why do bonds exhibit interest rate risk?
- How can stock valuation formulas be used to infer the expected rate of return on a common stock?
- How does competition among investors lead to efficient markets?
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