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One year ago, Mabel bought a coupon bond at a yield-to-maturity of 5%. Today, the bond matured. Now, the yield-to-maturity on similar bonds is only
One year ago, Mabel bought a coupon bond at a yield-to-maturity of 5%. Today, the bond matured. Now, the yield-to-maturity on similar bonds is only 4%. What type of risk did Mabel suffer from? Group of answer choices Interest Rate Risk Default Risk Reinvestment Risk Liquidity Risk None of the above
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