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    Exam 3: What Do Interest Rates Mean and What Is Their Role in Valuation?
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    Bonds Whose Term to Maturity Is Shorter Than the Holding
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Bonds Whose Term to Maturity Is Shorter Than the Holding

Question 67

Question 67

Multiple Choice

Bonds whose term to maturity is shorter than the holding period are also subject to


A) default.
B) reinvestment risk.
C) both of the above.
D) none of the above.

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