Corporate bonds offer a series of fixed payments consisting of interest payments and face value at maturity. | Cheap Nursing Papers
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Corporate bonds offer a series of fixed payments consisting of interest payments and face value at maturity.

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Corporate bonds offer a series of fixed payments consisting of interest payments and face value at maturity. As so, managers of financial intermediaries like pension funds and insurance companies frequently utilize such instruments to achieve their financing objectives.

  1. What is assumed the interest payments can be reinvested at?

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