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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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