Question: If an investor expects interest rates to decrease over the next several years, and she plans on holding a fixed income security until maturity, she
If an investor expects interest rates to decrease over the next several years, and she plans on holding a fixed income security until maturity, she should invest in :
(1) long term bonds w high coupons
(2) long term bonds w low coupons
(3) st bonds w high coupons
(4) st bonds with low coupons
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