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Which bond would you prefer to have been holding if the interest rates on all bonds rise from 6.5 to 10 percent over the course
Which bond would you prefer to have been holding if the interest rates on all bonds rise from 6.5 to 10 percent over the course of the year? Assume that you prefer the bond with the highest returns.
A bond with two years to maturity | ||
A bond with fifteen years to maturity | ||
A bond with three years to maturity | ||
A bond with one year to maturity |
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