Examlex
Choose the INCORRECT statement.
Interest Rate Price Risk
The risk that an investment's value will change due to a fluctuation in the absolute level of interest rates.
Corporate Bond
A debt security issued by a corporation to raise funding for capital-intensive activities, paying periodic interest.
Long-Term Bond
A bond that has a maturity period typically longer than ten years, providing the bondholder with interest payments over an extended period.
Medium-Term Bond
A bond that has a maturity period typically ranging from one to ten years, serving as a middle ground between short-term and long-term investments.
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