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An investor with a 2-year investment horizon purchases a 25-year bond with the intention of selling the bond after 2 years. Which of the following
An investor with a 2-year investment horizon purchases a 25-year bond with the intention of selling the bond after 2 years. Which of the following sources of return is most likely to be exposed to interest rate risk?
A)interest on reinvested
B)coupon payments
C)coupon payments proceeds from the sale of the bond
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