What assumption is made about reinvestment of cash flows
What is the yield to worst? Concerning reinvestment of interest on a bond,
a. What assumption is made about reinvestment of cash flows when using the yield to maturity?
b. What characteristics of a bond affect its reinvestment risk?
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if a bond is putable what type of option does the investor in this bond have suppose a bond has a market price of 90
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what is the yield to worst concerning reinvestment of interest on a bonda what assumption is made about reinvestment
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