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What is a low-coupon bond

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Reference no: EM132689507

About bonds:

a. What is a low-coupon bond?

b. Does having a low coupon bond make the dollar price more volatile? Explain.

c. In what sense does having a low coupon make a bond price more volatile? Explain.

d. What is the effect of "callability" on the yield of a bond? Explain.

Reference no: EM132689507

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