You predict that interest rates are about to fall. Which bond will give you the highest capital
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You predict that interest rates are about to fall. Which bond will give you the highest capital gain? P-963
a. Low coupon, long maturity.
b. High coupon, short maturity.
c. High coupon, long maturity.
d. Zero coupon, long maturity.
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Related Book For
ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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