Bonds and their valuation chapter 7

Bonds and their valuation chapter 7 PowerPoint PPT Presentation


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Bond markets. Bond: A long-term debt instrument in which a borrower agrees to make payments of principal and interest, on specific dates, to the holders of the bondPrimarily traded in the over-the-counter (OTC) market.Most bonds are owned by and traded among large financial institutions.Full info

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Bonds and their valuation chapter 7

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