The interest rate risk of a noncallable bond is most likely to be positively related to the:

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The interest rate risk of a noncallable bond is most likely to be positively related to the:

a. Risk-free rate.

b. Bond’s coupon rate.

c. Bond’s time to maturity.

d. Bond’s yield to maturity.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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