Question
saving money to buy a home in 9 years. Josh currently has a saving of $300,000 and has identified the following strategies to achieve his
saving money to buy a home in 9 years. Josh currently has a saving of $300,000 and has identified the following strategies to achieve his goal:
a- Buy coupon bonds that mature in 9 years
b- Buy a Treasury STRIPS that matures in 9 years
c- create a bond portfolio with a duration of 9 years
Given his goal, rank these strategies and explain the reasoning behind your ranking system.
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Economics For Financial Markets
Authors: Brian Kettell
1st Edition
0750653841, 978-0750653848
