Question
Let's say you choose a floating rate bond bond in an effort to manage your risk in an environment of rising interest rate. How would
Let's say you choose a floating rate bond bond in an effort to manage your risk in an environment of rising interest rate. How would you justify this loss in exchange for the other risks when choosing a different bond?
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Mathematics For Business
Authors: Stanley A Salzman, Charles D Miller, Gary Clendenen
8th Edition
0321357434, 9780321357434
