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Holding Other Factors Constant, the Interest-Rate Risk of a Coupon

Question 18

Multiple Choice

Holding other factors constant, the interest-rate risk of a coupon bond is higher when the bond's


A) term to maturity is lower.
B) coupon rate is lower.
C) yield to maturity is higher.
D) term to maturity is lower and yield to maturity is higher.
E) None of the options are correct.

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