Question 6
Q: In relation to irredeemable security paying a fixed rate of interest, which statement is correct?
A: As risk rises, the MV of security will fall to ensure investor receive an increase yield.
Please could you explain?
Thanks
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Mock Exam 1 from BPP
Hi John,
Just realised that you gave a very well explained solution in the revision lecture.
Thanks
You are welcome :-)
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