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b) Mary and Martha decided to invest in bonds in April 2022. Mary purchased a 30-year bond that expires October 31, 2022 while Martha purchased

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b) Mary and Martha decided to invest in bonds in April 2022. Mary purchased a 30-year bond that expires October 31, 2022 while Martha purchased a 10-year bond which matures April 30, 2032 13 Which investor faces a greater level of interest rate risk? Explain (3 Marks) 1) Which Investor faces a greater level of re-investment rate risk? Explain

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