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Please provide concise sentences in a bulleted format. 7. What are at least three things that you should consider/analyze before purchasing a new issue of

Please provide concise sentences in a bulleted format. image text in transcribed
7. What are at least three things that you should consider/analyze before purchasing a new issue of corporate bonds for a fixed-income portfolio? What is the difference between Macaulay duration and Modified duration? Provide a detailed mathematical example for using each. (Do not use the exact same numbers used in lecture) 8

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