Is the price of a long-term (longer-maturity) bond more or less sensitive to changes in interest rates
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L o n g e r m a tu r i t y bonds e x p er i e n c e g r e a t e r p r i c e c h a ng e s in re spons...View the full answer
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Related Book For 
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
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