Question
You predict that interest rates are about to rise. Which bond would you buy? Provide a brief explanation of your choice (no calculation needed). Bond
You predict that interest rates are about to rise. Which bond would you buy? Provide a brief explanation of your choice (no calculation needed).
Bond A: 5-year, 10% annual coupon bond, 12% YTM
Bond B: 5-year, zero coupon bond, 10% YTM
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