Business
Business, 19.02.2021 03:40, raeganwelch

You are confident interest rates are going to rise by 2 percentage points over the next year. You are unsure about what will happen after that. You can buy a 1-year discount bond for 10k with a YTM of 1%. Or a 10-year discount bond for 10k with a YTM of 3%. Or you can buy a 30-year discount bond for 10k with a YTM of 5%. You need your money back in a year. Which do you buy

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