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Which of the following is INCORRECT regarding interest rates? Zero-coupon bonds are more sensitive to interest rate changes than coupon bonds with the same time
Which of the following is INCORRECT regarding interest rates?
Zero-coupon bonds are more sensitive to interest rate changes than coupon bonds with the same time to maturity.
Long-term Treasuries tend to have lower yields than short-term Treasuries.
A downward sloping Treasury yield curve serves as a negative indicator for the future state of the economy.
Bonds with greater default risk tend to be priced at higher yield to maturities.
A "normal" yield curve is upward sloping.
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