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ABC company has two bonds outstanding that are the same except for the maturity date. Bond D matures in 14 years, while Bond E matures

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ABC company has two bonds outstanding that are the same except for the maturity date. Bond D matures in 14 years, while Bond E matures in 7 years. If the required return changes by 5%, then .......... the percentage price change for the bonds will be zero bond E will have a greater change in price bond D will have a greater change in price the price of the bonds will be constant the percentage price change for the bonds will be equal

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