Bond values and yields, Explain or define and discuss a

Bond values and yields

Reference no: EM1338662

Describe or define and discuss a bond issued by a city that is having a little bit of a problem with creditworthiness (but not "junk" level yet) and how it is differentiated from other bonds. Then explain how valuing bonds is done and how interest rates affect their value. Consider the importance of the yield-to-maturity (YTM) in your discussion response.

Reference no: EM1338662

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