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You are holding a 10-year bond with Macaulay duration of 7 years. You plan to hold the bond for 7 years. Which type of interest

You are holding a 10-year bond with Macaulay duration of 7 years. You plan to hold the bond for 7 years. Which type of interest rate risk are you predominantly exposed to?

A. Price Risk

B. Reinvestment Risk

C. Equal exposure to each risk

D. Cannot be determined

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