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Holding all else equal, if you had a client who was very sensitive to risk (Ie. they were sensitive to changes in a bonds value),
Holding all else equal, if you had a client who was very sensitive to risk (Ie. they were sensitive to changes in a bonds value), which of the following would you avoid?
A. | Bonds backed by collateral | |
B. | Bonds with lower coupons relative to similar bonds | |
C. | Bonds with shorter maturities relative to similar bonds |
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