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Which of these bonds have the lowest reinvestment risks? Name Maturity Coupon Bette 15 years 8% Aaron 15 years 10% Claire 20 years 8% Michael
Which of these bonds have the lowest reinvestment risks?
Name Maturity Coupon
Bette 15 years 8%
Aaron 15 years 10%
Claire 20 years 8%
Michael 20 years 10%
Your investment horizon is 20 years.
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