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Which of the following statements is NOT CORRECT? Answer a. All else equal, high-coupon bonds have more reinvestment rate risk than low-coupon bonds. b. All

Which of the following statements is NOT CORRECT? Answer a. All else equal, high-coupon bonds have more reinvestment rate risk than low-coupon bonds. b. All else equal, short-term bonds have more reinvestment rate risk than do long-term bonds. c. All else equal, long-term bonds have more interest rate risk than short-term bonds. d. All else equal, long-term bonds have more reinvestment rate risk than short-term bonds

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