Solved

Three Years Ago, Mariam Purchased a 30-Year Bond Paying 4

Question 87

Multiple Choice

Three years ago, Mariam purchased a 30-year bond paying 4.75% annual interest. She now sees comparable 30-year bonds offering 6.25% annual interest rate. This scenario describes _____ risk.


A) liquidity
B) default
C) term
D) market

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents