The additional risk inherent to a callable bond is best described as: A. Credit risk. B. Interest

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The additional risk inherent to a callable bond is best described as:

A. Credit risk.

B. Interest rate risk.

C. Reinvestment risk.

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Fixed Income Analysis

ISBN: 9781119850540

5th Edition

Authors: Barbara S. Petitt

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Question Posted: Nov 05, 2023 12:17 AM

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The additional risk inherent to a callable bond is best described as: A. Credit risk. B. Interest

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C is correct Reinvestment risk refers to the effect that lower ...View the full answer

Fixed Income Analysis

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