Question 29 Interest-rate risk results from: Answer a. Bond prices being fixed over the life of the bond b. Inflation being uncertain c. A mismatch between an individual’s investment horizon and a bond’s maturity d. The fact that most people hold bonds until they mature

Question 29
Interest-rate risk results from:
Answer
a. Bond prices being fixed over the life of the bond
b. Inflation being uncertain
c. A mismatch between an individual’s investment horizon and a bond’s maturity
d. The fact that most people hold bonds until they mature

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