Question: True/False (1 points) 1. 2 A bond's duration remains the same whether interest rates rise or fall All else the same, a 2% coupon bond
True/False (1 points) 1. 2 A bond's duration remains the same whether interest rates rise or fall All else the same, a 2% coupon bond has more interest rate risk than a 6% coupon bond. Duration doesn't explain the entirety of a bond's sensitivity, but it is pretty good. 3
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