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M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961 Exercise 16
Which would you rather be holding if there is a decline in interest rates: a debt security that matures in 10 years or one that matures in three months Why ( Note: Assume that the interest rates on both securities change by the same amount; for example, suppose that both fall by 2 percentage points.)
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M&B3 3rd Edition by Dean Croushore
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