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I want an answer 18. The higher interest rate risk of a bond means that the sensitivity of bond price with respect to its YTM(Yield-to-Maturity)
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18. The higher interest rate risk of a bond means that the sensitivity of bond price with respect to its YTM(Yield-to-Maturity) is relatively high, Interest rate risk increases as the time to maturity or as the coupon rate A) increases \& decreases B) increases & increases C) decreases \& decreases D) decreases \& increases Step by Step Solution
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Edition
0134083245, 9780134083247
