Reinvestment risk would not occur if:
Callable bonds have reinvestment risk because the principal can be prematurely retired. The higher the coupon, the higher the reinvestment risk, holding everything else constant. A bond is issued at par has nothing to do with reinvestment risk. So zero-coupon bonds will not have reinvestment risk.Â
We must not allow the clock, the calendar, and external pressures to rule our life and blind us to the fact that each individual moment of our lives i...
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The significant future is that ma...
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