A bond that had a 20-year original maturity with 1 year left to maturity has more interest rate price risk than a 10-year original maturity bond with 1 year left to maturity. (Assume that the bonds have equal default risk and equal coupon rates, and they cannot be called.) 

(T/F)

Answer rating: 100% (QA)

A bond that had a 20year original maturity with 1 year left to maturity has more i... View the full answer