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A77 minor correction

March 20th, 2015

A correction was made to the A7 handouts for the new (2015) lessons, specifically on page 37.

On that page, in slide 2 of lesson A.7.7, the word “coupon” was changed to “yield,” making the new sentence read: “When interest rates fall bond issuer can call bonds and issue new bonds at a lower yield rate.”

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