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Choose the proper items (in the right order) to insert into the blanks, to make the sentence correct. Zero coupon bonds have ____________ interest rate
Choose the proper items (in the right order) to insert into the blanks, to make the sentence correct. Zero coupon bonds have ____________ interest rate sensitivity than (regular) coupon bonds, because "price risk" and "re-investment rate risk" work in ______________ directions on bond values. a) greater b) lower c) the same d) opposite
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