Question
The rate of return on a bond held to its maturity date is called the bonds yield to maturity. If the interest rate in the
The rate of return on a bond held to its maturity date is called the bonds yield to maturity. If the interest rate in the economy rise after a bond has been issued, what will happen to the bonds price and to its YTM? Does the length of time to maturity affect the extent to which a given change in interest rate will affect the bonds price? Why or why not?
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Investing In Financial Research A Decision Making System For Better Results
Authors: Cheryl Strauss Einhorn, Tony Blair
1st Edition
1501732757, 9781501732751
