Question: Please make it very simple. im terrible at this and understand nothing :) maybe show math as to why? 5.) Interpreting bond yields: Suppose you
Please make it very simple. im terrible at this and understand nothing :) maybe show math as to why?
5.) Interpreting bond yields: Suppose you buy a 7% coupon, 20-year bond today when its first issued. If interest rates suddenly rise to 15%, what happens to the value of your bond? Why
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