reinvestments
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P1.T4.905. Gross versus net bond returns, bond spread and bond yield (Tuckman Ch. 3)
Learning objectives: Distinguish between gross and net realized returns, and calculate the realized return for a bond over a holding period including reinvestments. Define and interpret the spread of a bond, and explain how a spread is derived from a bond price and a term structure of rates...- Nicole Seaman
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- bond-pricing gross-realized-return net-realized-return reinvestments term-structure yield-to-maturity ytm
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