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Chapter Objectives
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AFTER READING THIS CHAPTER, YOU SHOULD UNDERSTAND:

  1. Important bond features and types of bonds.
  2. Bond values and why they fluctuate.
  3. Bond ratings and what they mean.
  4. The impact of inflation on interest rates.
  5. The term structure of interest rates and the determinants of bond yields.









Ross: Ess of Corp Finance 6eOnline Learning Center

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