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Looking at the Time value of money: a) What a zero bond? b) Looking at an investment in a zero bond, what would happen if
Looking at the Time value of money:
a) What a zero bond?
b) Looking at an investment in a zero bond, what would happen if expectations increase?
c) Looking at an investment in a zero bond, what would happen if expectations decrease?
d) What does 'profit on expectations mean'?
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