6. For a given term to maturity and initial yield, the lower the coupon rate the greater...
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6. For a given term to maturity and initial yield, the lower the coupon rate the greater the price volatility of a bond.
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Related Book For
Measuring And Controlling Interest Rate And Credit Risk
ISBN: 9780471268062
2nd Edition
Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry
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