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Holding other factors constant, the interest rate risk of a coupon bond is higher when the bond's: A) term-to-maturity is lower. B) coupon rate is
Holding other factors constant, the interest rate risk of a coupon bond is higher when the bond's:
A) term-to-maturity is lower.
B) coupon rate is higher. C) yield to maturity is lower.
D) current yield is higher.
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