Discussion Post: Bond Sensitivity
The text discusses features and the impact of the duration of a bond that affects the sensitivity of its price. Select and analyze one feature or discuss how duration impacts the sensitivity of a bond.
• Why is the feature a concern?
• What does this mean for investors?
• Can investors avoid this feature, why or why not?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.