All else equal, which bonds price is more affected by a change in interest rates, a bond

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All else equal, which bond’s price is more affected by a change in interest rates, a bond with a large coupon or a small coupon? Why?
(LG 3-5) LO.1

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jul 24, 2024 12:02 PM

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All else equal, which bonds price is more affected by a change in interest rates, a bond

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Financial Markets And Institutions

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