Question
If a bond investor is risk-averse and dislikes the change of the bond value caused by an interest rate change, this investor should prefer bonds
If a bond investor is risk-averse and dislikes the change of the bond value caused by an interest rate change, this investor should prefer bonds with what characteristics such as long or short maturity, high or low coupon, etc.?
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Mastering Attribution In Finance
Authors: Andrew Colin
1st Edition
1292114029, 978-1292114026
