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Suppose that an investor with a 3-year investment horizon isconsidering purchasing a 12-year 7.6%-coupon bond (semiannualinterest payments) selling for 95. The investor expects that shecan

Suppose that an investor with a 3-year investment horizon isconsidering purchasing a 12-year 7.6%-coupon bond (semiannualinterest payments) selling for 95. The investor expects that shecan reinvest 2 answers

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