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Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a premium? Would we ever expect a zero coupon bond to sell at a premium? Explain.
Statistics and Probability, Statistics
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
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