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The price sensitivity of a bond increases in response to a change in the market rate of interest as the: Coupon rate increases Time to
| The price sensitivity of a bond increases in response to a change in the market rate of interest as the: |
Coupon rate increases
| Time to maturity decreases. |
| Coupon rate decreases and the time to maturity increases. |
| Time to maturity and coupon rate both decrease. |
| Coupon rate and time to maturity both increase. |
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Short Term Financial Management
Authors: Ned C. Hill, William L. Sartoris
3rd Edition
0023548320, 978-0023548321
