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Suppose that you believe that interest rates are likely to decrease next month. Among the following bonds, which would be the best to own? Pick

Suppose that you believe that interest rates are likely to decrease next month. Among the following bonds, which would be the best to own? Pick one.

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A 4-year, 3%-coupon bond A 4-year, 6%-coupon bond A 12-year, 6%-coupon bond O A 12-year, 3%-coupon bond

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