Question
The price sensitivity of a bond (how it fluctuates in price) to a given change in interest rates is generally greater -- or more volatile
The price sensitivity of a bond (how it fluctuates in price) to a given change in interest rates is generally greater -- or more volatile -- when the bond's remaining time until maturity is longer. True False
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
16th edition
125927716X, 978-1259687969, 1259687961, 978-1259277160
