Question
what is the concepts of interest rate (price) risk and extension risk? How are these two concepts related to the concept of bond risk?
what is the concepts of interest rate (price) risk and extension risk?
How are these two concepts related to the concept of bond risk?
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
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