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a . A 2 0 - year bond has more price risk and more reinvestment risk. b . A 2 0 - year bond has
a A year bond has more price risk and more reinvestment risk.
b A year bond has more price risk and less reinvestment risk.
c A year bond has more price risk and less reinvestment risk.
d A year bond has less price risk and less reinvestment risk.
e A year bond has less price risk and more reinvestment risk.
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