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Q.24I

Expert-verified
Found in: Page 398

### Essentials Of Investments

Book edition 9th
Author(s) Zvi Bodie, Alex Kane, Alan Marcus, Alan J. Marcus
Pages 748 pages
ISBN 9780078034695

## Step 2: Explanation of future forecast decision ‘b’

The one year saving deposit in a bank may provide a higher return and less interest rate risk exposure hence it is better than the money market unless rates rise considerably.

## Step 3: Explanation of future forecast decision ‘c’

The long-term bond is best suited for those who want to speculate on the decrease in rates.

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