1. Bonds and Their Valuation: Introduction Bonds and Their Valuation: Introduction...
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1. Bonds and Their Valuation: Introduction
| Bonds and Their Valuation: Introduction A(n) -Select-perpetuitybondoptionItem 1 is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are:-Select-GovernmentBusinessTreasuryItem 2 , corporate, municipal, and foreign. Each type differs with respect to -Select-riskmaturityredemptionItem 3 and expected return. All have some common characteristics even though they may have different contractual features. |
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