Question
Interest rate risk ________ as the time to maturity increases and ________ as the coupon rate decreases. a. increases; decreases b. increases; increases c. increases;
Interest rate risk ________ as the time to maturity increases and ________ as the coupon rate decreases.
a.
increases; decreases
b.
increases; increases
c.
increases; is unaffected
d.
decreases; increases
e.
decreases; decreases
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The Handbook Of Equity Derivatives
Authors: Jack Clark Francis, William W. Toy, J. Gregg Whittaker
1st Edition
0471326038, 978-0471326038
