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Which of the following two investments have higher return? Both investments are zero-coupon bonds with face value of $100. Assume that inflation is 2% per
Which of the following two investments have higher return? Both investments are zero-coupon bonds with face value of $100. Assume that inflation is 2% per year. Bond ABC has 6 months to maturity and is selling for $85. Bond XYZ has 3 years to maturity and is selling for $70.
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