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7.) You are absolutely convinced that interest rates will drop in the near future. You want to take advantage of this by purchasing a bond

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7.) You are absolutely convinced that interest rates will drop in the near future. You want to take advantage of this by purchasing a bond to take advantage of the price increase. Describe the characteristics of the bond that will maximize your price increase. What does the maturity look like? What does the coupon rate look like? (2-3 sentences)

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