Which of the Following Statements Is Correct

question 109

Multiple Choice

Which of the following statements is correct?

• A)Long-term bonds have more reinvestment rate risk than short-term bonds.
• B)Long-term bonds have more interest rate risk than short-term bonds.
• C)Short-term bonds with high coupons have high interest rate risk.
• D)Zero-coupon bonds do not have interest rate risk.

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Not adhering strictly to the literal or exact meaning of words; figurative.

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The process of perspiring as a means for the body to regulate its temperature and remove certain waste products.