why some bond's price is more sensitive to the change of its yield till maturity than others?
isn't yield to maturity is a function of bond price?
Bond best answer:
Answer by Don G
All bond prices are based on current market rates. But all bonds don't yield the same rate. That depends on the inherent risk of the company, as expressed by its beta, the term of the bond, and any other factor an investor might consider relevant.
Bond
PJ Bond @ Fest 10 - 10.28.11-23
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PJ Bond plays the Civic Media Center for Fest 10, Gainesville, FL, October 28, 2011.
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