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in (9 Marks) January 1, 2052, if they were selling for $970 b) Mary and Martha decided to invest in bonds in April 2022.

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in (9 Marks) January 1, 2052, if they were selling for $970 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. i.) Which investor faces a greater level of interest rate risk? Explain. (3 Marks) ii.) Which Investor faces a greater level of re-investment rate risk? Explain. (3 Marks) 7 A- B !!! E

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