A Bond That Had a 20-Year Original Maturity with 1

question 34

True/False

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.)

---

Definitions:

Influential

Having the power to affect or change outcomes, opinions, or developments, often referring to individuals, ideas, or trends that shape events.

Field

Refers to a specific area of study, interest, or a professional domain.

Website Credibility

The perceived trustworthiness and expertise of a website by its users, often based on factors such as authorship, design, and information quality.

Book

A collection of written, printed, or digital pages bound together and covered, usually containing a narrative or educational content.