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You are expecting the following: All interest rates across the economy will fall by 2%. If you expectations are correct, which of the following par
You are expecting the following: All interest rates across the economy will fall by 2%. If you expectations are correct, which of the following par priced bonds would have greatest percentage increase in value. 15-year, 4% coupon bond. 2-year, 10% coupon bond. 10-year, 4% coupon bond. 5-year, 10% coupon bond. 8-year, 6% coupon bond
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