question archive A 30 year bond pays 3% interest rate, and a 15 year bond pays 2% interest rate
A 30 year bond pays 3% interest rate, and a 15 year bond pays 2% interest rate
Subject:SociologyPrice: Bought3
A 30 year bond pays 3% interest rate, and a 15 year bond pays 2% interest rate. Your uncle who is 50 years old now, wants to purchase a 30 year government bond now as it is considered a safe investment. He plans to sell it when he becomes 65 years old. What is your advise for him?
