Fundamentals of managerial finance

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Bonds are thought to be a nice constant investment, paying a certain value of interest and then repaying your original investment [usually $1,000] after the bond term is up, usually in ten to thirty years. If you were buying a bond, which is more important to you, the interest rate or the term length? Explain the positives and negatives of each.

Reference no: EM1366757

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