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An investor evaluates the following three bonds: Tenor Coupon Price Bond A 1 2 years 5 . 5 % 9 3 . 2 4 Bond
An investor evaluates the following three bonds:
Tenor Coupon Price
Bond A years
Bond B years
Bond C years
If the investor forecasts a decrease in rates, determine which of the bonds the investor should purchase and explain the reason for why that is the appropriate bond.
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