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about yield curve 18. It is a market use to calculate...

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Accounting

about yield curve
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18. It is a market use to calculate a bond price with a yield. Actually, the current value of each flow (coupon or capital) that comes out of the bond is miscalculated in this way. Why is that? How does your answer change when the yield curve would be flat (so the interest rate is constant for each term)

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