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.)

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Definitions:

United States

A country in North America consisting of 50 states and a federal district, known for its significant influence on global politics, economy, and culture.

Anxious-ambivalent

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Avoidant

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Evolutionary Theorists

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