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Daphne works for the U.S. Treasury and has a lot of knowledge about the bond market. She decides to purchase 30 -year treasury bonds to

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Daphne works for the U.S. Treasury and has a lot of knowledge about the bond market. She decides to purchase 30 -year treasury bonds to gift to her children: Refer to Scenario 10.1. Daphne purchases the bonds for $950. When the bonds mature, they will be worth $1,000, which is also known as the net asset value per share (NAVPS) current yield parvalue capital gains

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