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4. One of the basic relationships in interest rate theory is that, other things held constant, for a given change in the required rate of

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4. One of the basic relationships in interest rate theory is that, other things held constant, for a given change in the required rate of return, the the time to maturity, the the change in price. a. longer; smaller b. shorter; larger c. longer; greater d. shorter; smaller e. Answers c and d are both correct

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