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    Exam 4: Applying the Time Value of Money to Security Valuation
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    The Price Effect and the Reinvestment Effect Are Both Sources
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The Price Effect and the Reinvestment Effect Are Both Sources

Question 5

Question 5

Multiple Choice

The price effect and the reinvestment effect are both sources of:


A) default risk.
B) term structure.
C) interest rate risk.
D) default risk structure.

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