LO.1 You predict that interest rates are about to fall. Which bond will give you the highest

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LO.1 You predict that interest rates are about to fall. Which bond will give you the highest capital gain?

a. Low coupon, long maturity.

b. High coupon, short maturity.

c. High coupon, long maturity.

d. Zero coupon, long maturity. LO.1

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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