Personal Finance: Turning Money into Wealth, Student Value Edition (7th Edition) (The Pearson Series in Finance)
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Chapter 13, Problem 4DC1
Summary Introduction

To discuss:

Bond maturity M should consider to meet his home buying goal and types of risk that this strategy reduce or avoid.

Introduction:

Bond is a fixed return investment in which an individual gives money to an entity and entity in return gives fixed return to him over the period of time and par value of the bond too at maturity.

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