A bond that matures in 5 years has less interest rate risk than a bond that matures in 25 years
because regardless of changes in interest rates, the bond can be redeemed for face value 20 years
earlier.
Indicate whether the statement is true or false
FALSE
Business
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Business firms are permitted to systematically charge a portion of the market value of fixed assets as depreciation against annual revenues
Indicate whether the statement is true or false
Business
The second problem-solving stage includes analyzing the true cause of a problem
Indicate whether the statement is true or false
Business