Describe the zero-coupon bond

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-Describe the "zero-coupon bond." Indicate how it is issued, valued in the market, and which investor should consider a zero-coupon bond.

-Explain the yield curve and how it reacts to changes in interest rates. Explain why long-term (30-year) bonds generally trade at a higher yield than short-term maturities. Apply the forces of inflation, monetary and fiscal policy, trade deficit, and foreign influences in your explanation.

Reference no: EM132691023

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