Everything else being equal, high coupon bonds have more interest rate risk than low coupon bonds.
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Q25: The Macaulay duration for a $1000 three-year
Q26: Malkiel's theorems are associated with
A) duration measurement
B)
Q27: Credit risk is also known as
A) Interest
Q28: A basis point is 0.1%.
Q29: Bond prices move inversely with bond yields.
Q31: To calculate Macaulay duration, you need to
Q32: With a callable bond, you should not
Q33: If interest rates are positive, modified duration
Q34: If a bond, selling for 98, has
Q35: Modified duration is actually negative, but in
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