Slide 1Investments, 8 th edition Bodie, Kane and Marcus Slides by Susan Hine McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. CHAPTER…
Slide 1 Managing Bond Portfolios Slide 2 13.1 INTEREST RATE RISK Slide 3 Inverse relationship between price and yield An increase in a bond ’ s yield to maturity…