Discuss how bonds are sold on the secondary market

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Reference no: EM131301453

1. Yield to Maturity. What is a bond's yield to maturity? How does the price paid for a bond affect its yield to maturity?

2. Secondary Market. Discuss how bonds are sold on the secondary market.

3. Treasury Bonds. What are Treasury bonds? Describe their key characteristics.

Reference no: EM131301453

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