An investor believes that interest rates are peaking and wishes to buy long term fixed income securities that will assure the investor of receiving periodic payments at today's rates. The best recommendation

An investor believes that interest rates are peaking and wishes to buy long term fixed income securities that will assure the investor of receiving periodic payments at today's rates.

The best recommendation is high grade:

A. zero-coupon bonds
B. premium bonds with low call premiums
C. non-callable bonds
D. puttable bonds

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An investor believes that interest rates are peaking and wishes to buy long term fixed income securities that will assure the investor of receiving periodic payments at today�…

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