Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.
the coupon effect.
interest rate risk.
a perpetuity.
an indefinite maturity.
the investor is exposed to
interest rate risk.
Answer is interest rate risk\\<<<<<<<<<<<<<<<<<<<<<
Agree with specialists---------2nd option
Investor is exposed to interest rate/ market risk and bond would be sold at loss (mark-to-market loss)
>>>>>>>>>>>>>> interest rate risk.
....................
interest rate risk.