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a-As market rates rise, prepayment speed _______, while modified duration _________. Fill in the blanks the appropriate term using the random list only: Is unaffected,
a-As market rates rise, prepayment speed _______, while modified duration _________.
Fill in the blanks the appropriate term using the random list only: Is unaffected, accelerates, lengthens, shortens, and slows
b- The larger the investor's ____ relative to the ____, the larger the ____ of a bond with a particular par value.
Fill in the blanks the appropriate term using the random list only: Discount rate, required rate of return, discount, and premium.
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