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Which bond is most exposed to reinvestment rate risk? An 8-year bond with a 9% coupon. A 2-year bond with a 15% coupon. A 3-year
Which bond is most exposed to reinvestment rate risk?
An 8-year bond with a 9% coupon. |
A 2-year bond with a 15% coupon. |
A 3-year bond with a 10% coupon. |
A 10-year zero coupon bond. |
A 10-year bond with a 10% coupon. |
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