Charles Schwab said that sitting on cash caused some investors to miss out on greater returns in
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Question:
Charles Schwab said that sitting on cash caused some investors to miss out on greater returns in bonds. What bond characteristic can be mainly attributed to the additional return bonds earned over a cash money markets?
Higher convexity
Higher duration
Lower convexity
Widening of money market spreads
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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