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    Exam 17: Derivative Assets
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    Everything Else Being Equal, a T-Bond with a High Coupon
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Everything Else Being Equal, a T-Bond with a High Coupon

Question 11

Question 11

Multiple Choice

Everything else being equal, a T-bond with a high coupon has a


A) higher duration.
B) lower yield to maturity.
C) more distant first call date.
D) higher Chicago Board of Trade conversion factor.

Correct Answer:

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