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Zero-Coupon Bonds Are Said to "Lock In" a Particular Reinvestment

Question 49

Multiple Choice

Zero-coupon bonds are said to "lock in" a particular reinvestment rate


A) Since the original price reflects the rate
B) Only if they are held to maturity
C) Although the price over the life of the bond may reflect wide swings in the market rate of return
D) More than one of the above

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