QUESTIONS 97 THROUGH 108 RELATE TO FIXED INCOME INVESTMENTS

106. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
106. Given two otherwise identical bonds, when interest rates rise, the price of Bond A declines more than the price of Bond B. Compared to Bond B, Bond A most likely: A. is callable. B. has a lower coupon. C. has a shorter maturity.