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Suppose interest rate of long-term bonds is 30% and interest rates are expected to raise. Would you consider buying them? Why or why not?
Suppose interest rate of long-term bonds is 30% and interest rates are expected to raise. Would you consider buying them? Why or why not?
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Introduction To Mathematical Finance Discrete Time Models
Authors: Stanley R. Pliska
1st Edition
1557869456, 9781557869456
