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10. What is interest rate risk? a. How does a bond's maturity affect its interest rate risk? b. How does a bond's coupon rate affect

10. What is interest rate risk? a. How does a bond's maturity affect its interest rate risk? b. How does a bond's coupon rate affect its interest rate risk? 11. If the required return on a bond differs from its coupon rate, describe the behavior of the bond price over time as the bond moves toward maturity. 12. What is a bond's yield to maturity (YTM)? 13. Why is the YTM a good measure of the required return on a bond

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