Question: All else being the same, which has more interest risk, a long-term bond or a short term bond? What about a low coupon bond compared
All else being the same, which has more interest risk, a long-term bond or a short term bond?
What about a low coupon bond compared to a high coupon bond?
what about a long-term, high coupon bond compared to a short-term, low coupon bond?
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