Multiple Choice
If the interest rates on all bonds rise from 5 to 6 percent over the course of the year,which bond would you prefer to have been holding?
A) a bond with one year to maturity
B) a bond with five years to maturity
C) a bond with ten years to maturity
D) a bond with twenty years to maturity
Correct Answer:
Verified
Correct Answer:
Verified
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