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Which of the following conditions will increase the interest rate risk on a bond? 1. shorter time to maturity II. longer time to maturity III.
Which of the following conditions will increase the interest rate risk on a bond? 1. shorter time to maturity II. longer time to maturity III. lower coupon rate IV. higher coupon rate Select one: a. I and III b. I and IV c. II and III d. Il and IV e. none of the above
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