问题
单项选择题
Is an option-free bond’s price sensitivity positively correlated with the: Bond’s coupon rate Level of market interest rates（）①A. No Yes ②B. No No ③C. Yes No
A. ①
B. ②
C. ③
答案
参考答案：B
解析：
An option-free bond’s price sensitivity (interest rate risk) is greater when both the coupon rate and level of market interest are low; price sensitivity is negatively correlated with both factors.
