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When you read reports on bonds and bond mutual funds, you will likely come across two apparently similar terms — bond maturity and bond duration. Though related, they refer to two different concepts. As an educated investor, you need to understand these concepts in order to make wise investment decisions regarding bonds and your financial goals. Next: Bond Values, Rates, and Maturity >> |
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Learn how to invest like a pro with Morningstar’s Investment Workbooks (John Wiley & Sons, 2004, 2005), available at online bookstores. | ||
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