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Suppose that an investor with a five-year investmenthorizon is considering purchasing a seven-year 9% coupon bondselling at par. The investor expects that he can reinvest

Suppose that an investor with a five-year investmenthorizon is considering purchasing a seven-year 9% coupon bondselling at par. The investor expects that he can reinvest thecoupon payments at an a 2 answers

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