Exam (elaborations)
FIN4486 TOP Exam Questions And CORRECT Answers
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Continuous Rateln(1+effective annual rate) Bond Yielddiscount rate which, when applied to all the cash flows of the bond, causes the present value of the cash flows equal to the bond's market price. All cash flows are discounted using the same rate. Zero Ratethe n-year zero-coupon interest ra...
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