What is interest rate (or price) risk? Which bond has more interest rate risk, an annual payment

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What is interest rate (or price) risk? Which bond has more interest rate risk, an annual payment 1-year bond or a 10-year bond? Why?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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Question Posted: Sep 22, 2011 05:20 PM

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What is interest rate (or price) risk? Which bond has more interest rate risk, an annual payment

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Interest rate risk which is often just called price risk is the risk that a ...View the full answer

Corporate Finance A Focused Approach

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