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Question 11 ( 10 points) A bond investor who is close to her retirement age should invest in: 1) Longer maturity and lower coupon bonds
Question 11 ( 10 points) A bond investor who is close to her retirement age should invest in: 1) Longer maturity and lower coupon bonds 2) Longer maturity and higher coupon bonds 3) Shorter maturity and lower coupon bonds 4) Shorter maturity and higher coupon bonds
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