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Describe or define and discuss a type of bond

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Describe or define and discuss a type of bond that interests you 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 post.

Post a substantive initial post by Thursday. Support your post as appropriate with the theories presented in this week's required reading.

Reference no: EM131797435

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