Question: Because short-term interest rates are much more volatile than long-term rates, an investor would, in the real world, be subject to much more interest rate
Because short-term interest rates are much more volatile than long-term rates, an investor would, in the real world, be subject to much more interest rate price risk if he or she purchased a 30-day bond than if he or she bought a 30-year bond.
- True
- False
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