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Question 2: Bond valuation is more complicated than determining present value of simple future cash flows. Why? Provide an example of present value bond calculation
Question 2: Bond valuation is more complicated than determining present value of simple future cash flows. Why? Provide an example of present value bond calculation when you are several years past the issuing of the bond. For example, it is the beginning of year 4 on a 10 year corporate bond.
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