What happens to a bonds price sensitivity for a given change in interest rates as its time

Question:

What happens to a bond’s price sensitivity for a given change in interest rates as its time to maturity increases? decreases?

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

Question Posted: