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Albert Just Purchased a $1,000,5

Question 4

Multiple Choice

Albert just purchased a $1,000,5.4%,10-year bond when he heard about his friend Charlie who just bought a equal quality bond at $1,000;9.5%,10-year bond.What kind of risk did Albert just experience?


A) Interest rate
B) Market
C) Financial
D) Business

Correct Answer:

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