By interest rate risk, we refer to the prospect that the selling price of the security will be less than its purchase price, resulting in a loss.

Question

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Interest rate risk primarily refers to the potential for changes in interest rates to negatively affect the value of an investment, particularly fixed-income securities, rather than the risk of selling a security for less than its purchase price, which can be influenced by various factors, not just interest rates.

By Interest Rate Risk, We Refer to the Prospect That