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Holding everything else constant, as the coupon rate of the bond is decreased its interest rate risk ____________: A. Increases B. Goes up or down

Holding everything else constant, as the coupon rate of the bond is decreased its interest rate risk ____________:

A.

Increases

B.

Goes up or down depending on whether the bond is trading at a premium or discount.

C.

Goes up or down depending on whether the maturity is short or long.

D.

Does not change

E.

Decreases

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