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Which of the following is(are) correct, all else equal? I. The higher the coupon rate, the higher the interest rate risk. II. The lower the
Which of the following is(are) correct, all else equal?
I. The higher the coupon rate, the higher the interest rate risk.
II. The lower the market interest rate, the higher the interest rate risk.
III. The longer the time to maturity, the higher the interest rate risk.
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I only.
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II only.
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III only.
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I and II only.
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II and III only.
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