Your friend has asked for your help in deciding where she should invest her money. Shes observed
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Question:
- Your friend has asked for your help in deciding where she should invest her money. She’s observed that the yield on long-term bonds is nearly double that of short-term bonds, and, therefore, thinks she should put her money in long-term bonds because they’ll generate a higher return.
- What advice would you give her about her investment plan?
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