A bond's price volatility _________ at _________ rate as maturity increases.
A. increases; an increasing
B. increases; a decreasing
C. decreases; an increasing
D. decreases; a decreasing
Answer: B
A bond's price volatility __ at ___ rate as maturity increases.
A. increases; an increasing
B. increases; a decreasing
C. decreases; an increasing
D. decreases; a decreasing
Answer: B