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Which of the following statements about interest rate risk is correct? a. it is the magnitude of the price change for a given movement in
Which of the following statements about interest rate risk is correct?
a. it is the magnitude of the price change for a given movement in market interest rates.
b. it is the magnitude of the price change for a given movement in coupon rates.
c. all of these statements are correct.
d. it is the magnitude of the yield change for a given movement in market interest rates.
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