C. Winona decides to sell her bond at the end of her investment horizon (before the maturity of the bond). Based on the What-if analysis results presented in the table below, you find that Winona will receive $152 no matter what interest rate will be in the market. If the bond has a Macaulay duration of 7 years, is Winona's investment horizon longer than the 7 years, less than 7 years, or equal to 7 years? Over her investment horizon, does coupon reinvestment risk matter more to Winona, or market price risk matters more, or almost no interest rate risk to Winona? Please explain your answers. [5 Marks) Interest rate or Future value of reinvested coupon payments plus sale price of Yield to Maturity bond at the end of the investment horizon (i.e. when bond is sold) 11% $152.59 10.5% $152.76 13% $152.28 C. Winona decides to sell her bond at the end of her investment horizon (before the maturity of the bond). Based on the What-if analysis results presented in the table below, you find that Winona will receive $152 no matter what interest rate will be in the market. If the bond has a Macaulay duration of 7 years, is Winona's investment horizon longer than the 7 years, less than 7 years, or equal to 7 years? Over her investment horizon, does coupon reinvestment risk matter more to Winona, or market price risk matters more, or almost no interest rate risk to Winona? Please explain your answers. [5 Marks) Interest rate or Future value of reinvested coupon payments plus sale price of Yield to Maturity bond at the end of the investment horizon (i.e. when bond is sold) 11% $152.59 10.5% $152.76 13% $152.28