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Holding other factors constant, the interest-rate risk of a coupon bond is higher when the bond's: Select one: a.term-to-maturity is lower.b.coupon rate is lower.c.yield to
Holding other factors constant, the interest-rate risk of a coupon bond is higher when the bond's:
Select one:
a.term-to-maturity is lower.b.coupon rate is lower.c.yield to maturity is higher.d.term-to-maturity is lower and yield to maturity is higher.e.None of these is correctStep by Step Solution
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