If there is a decline in interest rates, which would you rather be holding, long-term bonds or
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If there is a decline in interest rates, which would you rather be holding, long-term bonds or short-term bonds?
Why? Which type of bond has the greater interest-rate risk?
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Related Book For
The Economics Of Money, Banking & Financial Markets
ISBN: 126161
1st Edition
Authors: Massimo Giuliodori, Frederic S. Mishkin Kent Matthews
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