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You predict that interest rates are about to fall. Which Bond will give you the highest capital gain? a. Low coupon, Long Maturity b. High
You predict that interest rates are about to fall. Which Bond will give you the highest capital gain?
a. Low coupon, Long Maturity
b. High coupon, short maturity
c. High coupon, long-maturity
d. Zero Coupon, long-maturity
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