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Which of the following best describes Interest Rate Risk? a. The risk that a firm will go bankrupt The risk that YTM will fall and

Which of the following best describes Interest Rate Risk?

a. The risk that a firm will go bankrupt

The risk that YTM will fall and bond prices fall

c. The risk that YTM will rise and bond prices fall

d. Answers a and b

e. Answers a and c

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