Using The Bond Formula P C 1 1 1 I N I M 1 I N What S The Bond Relationship An
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using the bond formula P = C [1 – 1/(1+i)n]/i + M/(1+i)n
- what’s the bond relationship and why it works in this statement: “The value of a bond is inversely related to changes in the investor’s present required rate of return (the current interest rate).”
