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1 0 . ) An investor purchases a 1 0 - year U . S . Treasury note and then wishes to sell the investment
An investor purchases a year US Treasury note and then wishes to sell the investment after years. During those years, interest rates for all investments have dropped from the market rates available when the investment was purchased. At the time of sale, what would the investment be worth?
AMore than the purchase price of the investment
BLess than the purchase price of the investment
CThe same as the purchase price of the investment
DInsufficient information is provided to determine the answer
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