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(2 pts.) Bonds with higher duration are Are less sensitive to the credit risk Are more sensitive to the interest rate risk O Are more
(2 pts.) Bonds with higher duration are Are less sensitive to the credit risk Are more sensitive to the interest rate risk O Are more sensitive to the inflation risk Are less sensitive to the interest rate risk O Are more sensitive to the credit risk
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School Finance And Business Management Optimizing Fiscal Facility And Human Resources
Authors: Craig A. Schilling, Daniel R. Tomal
2nd Edition
1475844026, 978-1475844023
