If interest rates decline, which would you rather be holding, long-term bonds or short-term bonds? Why? Which

Question:

If interest rates decline, which would you rather be holding, long-term bonds or short-term bonds? Why?

Which type of bond has the greater interest-rate risk?

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

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: