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6. If two bonds have the same Macaulay duration and yield to maturity, then the percentage change in price of the two bonds will be

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6. If two bonds have the same Macaulay duration and yield to maturity, then the percentage change in price of the two bonds will be approximately the same for a given change in yield to maturity (TRUE/FALSE) 6. If two bonds have the same Macaulay duration and yield to maturity, then the percentage change in price of the two bonds will be approximately the same for a given change in yield to maturity (TRUE/FALSE)

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