What Is Price Talk? Price talk is the discussion of the appropriate price for an upcoming security issue. During the price talk phase, the investment community will discuss and debate a reasonable range of prices within which it’s estimated the new security should be sold. Price talks commonly occur before

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What Is a Risk-Free Asset? A risk-free asset is one that has a certain future return—and virtually no possibility of loss. Debt obligations issued by the U.S. Department of the Treasury (bonds, notes, and especially Treasury bills) are considered to be risk-free because the “full faith and credit” of the

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