If an investor is concerned about interest rate risk, the investor should consider investing in a) Serial bonds. b)Sinking fund bonds. c)Convertible bonds. d) Floating rate bonds
If an investor is concerned about interest rate risk, the investor should consider investing in a) Serial bonds. b)Sinking fund bonds. c)Convertible bonds. d) Floating rate bonds
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter4: Bond Valuation
Section: Chapter Questions
Problem 12MC
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Question
If an investor is concerned about interest rate risk, the investor should consider investing in
a) Serial bonds.
b)Sinking fund bonds.
c)Convertible bonds.
d) Floating rate bonds
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