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In the real world, the yield curve typically slopes up, meaning a long-term bond often has a higher YTM than a short-term bond. Keep in
In the real world, the yield curve typically slopes up, meaning a long-term bond often has a higher YTM than a short-term bond. Keep in mind that the YTM is annualized. Why would any investor buy shor...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
