IIA
IIA-CFSA · Question #504
IIA-CFSA Question #504: Real Exam Question with Answer & Explanation
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Question
If interest rates fall, a bond issuer may decide to pay off (or "retire") its debt and issue new bonds that pay a lower rate. When this happens, the fund may not be able to reinvest the proceeds in an
Options
- ACredit risk in bond funds
- BPrepayment risk in bond funds
- CInterest rate risk in bond funds
- DAll of these
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