What is meant by marking a position to market?
Answer to relevant QuestionsWhat is meant by a CUSIP number, and why is it important? What is meant by a linker? What is the “dirty” price of a bond? Suppose that the pension fund manager wants to invest a sum of money that will satisfy this liability stream. Assuming that any amount that can be invested today can earn an annual interest rate of 7.6%, how much must be ...For a long-term high-yield coupon bond, do you think that the total return from holding a bond to maturity will be closer to the yield to maturity or the reinvestment rate?
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