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Holding all else equal, a bond with a higher coupon rate will have _______ interest rate risk compared to a bond with a lower coupon
Holding all else equal, a bond with a higher coupon rate will have _______ interest rate risk compared to a bond with a lower coupon rate.
a. lower
b. the same
c. higher
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Handbook Of Hedge Funds
Authors: François-Serge Lhabitant
1st Edition
0470026634, 978-0470026632
