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All other things being equal the interest rate risk of a fixed coupon bond is:

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All other things being equal the interest rate risk of a fixed coupon bond is:

A.

greater, the higher the coupon and the longer the term

B.

greater, the lower the coupon and the longer the term

C.

lower, the lower the coupon and the shorter the term

D.

lower, the higher the coupon and the longer the term

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