INVESTMENTS-CONNECT PLUS ACCESS
INVESTMENTS-CONNECT PLUS ACCESS
11th Edition
ISBN: 2810022611546
Author: Bodie
Publisher: MCG
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Chapter 14, Problem 4PS
Summary Introduction

To determine:

The reason for a fall in the prices of bonds when interest rates go up and to discuss whether bond investors like to receive high interests or not

Introduction:

Bond is the security by which a company can raise its capital. Bond issuers and investors are party to such transactions. Bond issuers have to pay some amount at a given period of time to the investor.

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Bond Valuation - A Quick Review; Author: Pat Obi;https://www.youtube.com/watch?v=xDWTPmqcWW4;License: Standard Youtube License