单选题 Is an option-free bond's price sensitivity positively correlated with the: Bond's coupon rate? Level of market interest rates? A. NO NO B. NO YES C. YES NO

【正确答案】 A

【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 rates are low; price sensitivity is negatively correlated with both factors.