Multiple Choice
For two bonds with the same maturity and with the same required yield, the lower the coupon rate, the greater the price responsiveness for a given change in the required yield. This is an example of ________ affecting a bond's price sensitivity.
A) a bond's maturity
B) a bond's coupon rate
C) a bond's principal
D) a change in Fed policy
Correct Answer:
Verified
Correct Answer:
Verified
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