Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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