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borteleto borteleto
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5 years ago
A bond that matures in 5 years has less interest rate risk than a bond that matures in 25 years because regardless of changes in interest rates, the bond can be redeemed for face value 20 years earlier.
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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More solutions for this book are available here
 False
 
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borteleto Author
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5 years ago
Thanks
mmmm_dat_userna
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Marctheshark
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2 hours ago
This helped my grade so much Perfect
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