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justthefactsmax27am

justthefactsmax27am

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justthefactsmax27am
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  • The price of the bond is a function of interest rates. At the time the bonds are originally issued, they are - generally - priced at face value. After they are issued, they may sell at a premium or discount depending on the yield. Imagine a bond …
  • The price of the bond is a function of interest rates. At the time the bonds are originally issued, they are - generally - priced at face value. After they are issued, they may sell at a premium or discount depending on the yield. Imagine a bond …