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    Exam 18: Duration and Bond Portfolio Management
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    One of the Benefits of Zero-Coupon Bonds Is That They
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One of the Benefits of Zero-Coupon Bonds Is That They

Question 38

Question 38

True/False

One of the benefits of zero-coupon bonds is that they lock in a compound rate of return (or reinvestment rate) for the life of the bond, if held to maturity.

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