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1 year bond strategy - PowerPoint PPT Presentation

CHAPTER 7 Bonds and Their Valuation

CHAPTER 7 Bonds and Their Valuation. Key features of bonds Bond valuation Measuring yield Assessing risk. What is a bond?. A long-term debt instrument (a legal contract) in which a borrower agrees to make payments of principal and interest, on specific dates, to the holders of the bond.

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1 year bond strategy - PowerPoint PPT Presentation

CHAPTER 7 Bonds and Their Valuation