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2.)An investor is deciding in which of three bonds to invest. Bond 1 is a United States Treasury bond due in 20 years with no

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2.)An investor is deciding in which of three bonds to invest. Bond 1 is a United States Treasury bond due in 20 years with no call provision. Bond 2 is a 20-year Municipal bond with a default rating of Baa and has no call provision. Bond 3 is a Corporate Bond due in 20 years with no call provision but with a convertibility provision. It has a default risk rating of Ba. Discuss the issues that an investor needs to consider and how those issues will influence their bond investment choices

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