利率風險的問題 - 金融分析師

各位板大好

想請教一題利率風險的題目


a noncallable 20-year bond will generally have an expected life that is

equal to or greater than that of an otherwise identical callable 20-year bond.

moreover, the interest risk faced by investors is greater the longer the

maturity of a bond. therefore, callable bond expose investors to less interest

rate risk than noncallable bonds, other things being equal.


以上敘述是錯的


以下是我的看法:

首先是第四行的maturity of bond

應該改成存續期間

還有第四行最後面的less應該改成more

不知道這樣的想法對不對呢??

希望板大可以解答 謝謝^^

--