An Australian university is evaluating how they should invest some money they have. They won't need the money until 10-years' time to pay for a new building. They have received the following advice: "The University should invest the money in a 20-year Australian government bond because this bond currently offers the highest rate of return available for long-term bonds. The rate of return an investor makes for this bond is indicated by its coupon rate which is 4.75% per annum on a $100 face value. This rate is close to a guaranteed rate of return that the University will earn if it invests in the bond". Are the points made in this statement correct? Explain fully. (5 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI U S Paragraph Arial 10pt > III > ||| A| > Tx Q P 0 WORDS POWERED BY TINY