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If you want to lock-in an exact amount you will be paid in the future, the obvious choice to do that is to buy: A)

If you want to lock-in an exact amount you will be paid in the future, the obvious choice to do that is to buy:

A) corporate bonds

B) semi-annual bonds

C) zero coupon bonds

D) municipal bonds

Which of the following have lower YTM because of this feature:

A) less frequently traded

B) has longer maturity

C) municipal bond

D) higher credit risk

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