Describe the steps of conducting a financial statement


1. If a bond has negative convexity, how would the increase of spot rate change the duration of the bond?

2. Describe the steps of conducting a financial statement analysis in real-life practices?

3. Why are ratios useful? What are the five major categories of ratios?

4. List the methods that a firm can use to evaluate a potential investment.

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Financial Management: Describe the steps of conducting a financial statement
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