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QUESTION
You predict that interest rates are about to fall. Which bond will give you the highest capital gain?
You predict that interest rates are about to fall. Which bond will give you the highest capital gain?a. Low coupon, long maturityb. High coupong, short maturityc. High coupon, long maturityd. Zero coupon, long maturity
You predict that interest rates are about to fall. Which bond will give you the highestcapital gain?a. Low coupon, long maturityb. High coupong, short maturityc. High coupon, long maturityd....