Critically evaluate at least 3 major types of bonds

Reference no: EM133610394

Question: A bond is a certificate showing that a borrower owes a specified amount of money. To pay the money the borrower has agreed to make interest and principal payments on a designated date" (Hiller et al., 2016).

a) Critically evaluate at least 3 major types of bonds.

b) Explain 5 macroeconomic factors that are commonly used in APT empirical application.

Reference no: EM133610394

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