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Question
Why are the class C bonds highly attractive to insurance companies and pension funds?
A. Because of their ability to offer perfect prepayment protection.
B. Because of the shortest average life with a minimum of prepayment protection.
C. Because of their long expected duration.
D. Because they are basically zero coupon bonds and hence carry a minimum amount of risk.
E. Answers A and D only.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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