Question
Which bonds price would be the most sensitive to an unexpected change in the interest rate? A zero coupon bond with 15 years to maturity
Which bonds price would be the most sensitive to an unexpected change in the interest rate?
| A zero coupon bond with 15 years to maturity | ||
| A zero coupon bond with 10 years to maturity. | ||
| A bond with a 10% coupon rate and 10 years to maturity.
| ||
| A bond with a 5% coupon rate and 10 years to maturity.
|
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The Oxford Handbook Of IPOs
Authors: Douglas Cumming, Sofia Johan
1st Edition
0190614579, 978-0190614577
