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Question
You have invested $1,000 in a 12% coupon bond that matures in three years. You are investing the interest income in a fund earning 8%. At the end of three years, what will be your portfolio sum?A.$1,120.00
B.$1,249.60
C.$1,360.00
D.$1,389.57
E.$1,540.73
Answer
This answer is hidden. It contains 19 characters.
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