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mattfury17 mattfury17
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2 years ago
At the time you purchase a bond and assuming all interest payments are made on time, you know the exact holding period return you will earn if

▸ the bond is called at any time prior to maturity.

▸ you resell the bond in exactly one year from the date of purchase.

▸ the market rate of interest declines within the next year.

▸ you hold the bond to maturity.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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billbyebillbye
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2 years ago
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mattfury17 Author
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Correct Slight Smile TY
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