单选题 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. ①B. ②C. ③

【正确答案】 B

【答案解析】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.