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Suppose the Fed, as promised, raises the federal funds rate by 0.50% by the end of 2022. How will this action affect the value of
Suppose the Fed, as promised, raises the federal funds rate by 0.50% by the end of 2022. How will this action affect the value of a Dow-30 company? The multiples of most Dow-30 companies? The yield and price for short-term U.S. Treasury bonds. Explain. What does it mean in terms of valuation? What about the current bout of excessive inflation?
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