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14. Bond X (10 year maturity, 6% annual coupon) and Bond Y (5 year maturity, 6% annual coupon) each have a YTM of 6%. If

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14. Bond X (10 year maturity, 6% annual coupon) and Bond Y (5 year maturity, 6% annual coupon) each have a YTM of 6%. If their YTM decreases to 5%, w hich of the following is uc: a. Bond X will have its price decrease less than Bond Y b. Bond X will have its price increase more than Bor c. Bond Y will have its price increase more than Bond X d. nd Y Bond Y will have its price decrease less than Bond X

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