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4. Bond A has 2 years to maturity and bond B has 30 years to maturity. Interest rates in the market decrease suddenly. What happens:

4. Bond A has 2 years to maturity and bond B has 30 years to maturity. Interest rates in the market decrease suddenly. What happens:

a. Bond A price declines more than Bond B price

b. Bond A price increases more than Bond B price

c. Bond B price declines more than Bond A price

d. Bond B price increases more than Bond A price

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