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Interest Rates and Bond Valuation

Interest Rates and Bond Valuation. RWJ-Chapter 7. Valuation of Bonds and Stocks. First Principles: Value of financial securities = PV of expected future cash flows To value bonds and stocks we need to: Estimate future cash flows: Size (how much) and Timing (when)

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Unpaid debt - PowerPoint PPT Presentation

Interest Rates and Bond Valuation