问题
单项选择题
Is an option-free bond’s price sensitivity positively correlated with the: Bond’s coupon rateLevel of market interest rates（）
A. NO NO
B. NO YES
C. YES NO
答案
参考答案：A
解析：
An option-free bond’s price sensitivity (interest rate risk) is greater when both the coupon rate and level of market interest rates are low; price sensitivity is negatively correlated with both factors.