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You expect interest rates to decline in the near future even though the bond market is not indicating any sign of this change. Which one
You expect interest rates to decline in the near future even though the bond market is not indicating any sign of this change. Which one of the following bonds should you purchase now to maximize your gains if the rate decline does occur? Multiple Choice Long term: low coupon Short-term: low coupon O Short-term high coupon Long-term, zero coupon 10: and
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