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According to the coupon effect, which of the following if true? Group of answer choices All else equals, high coupon bond experiences larger change in

According to the coupon effect, which of the following if true?

Group of answer choices

All else equals, high coupon bond experiences larger change in price when rate changes

All else equals, high coupon bond experiences smaller change in price when rate changes

None of the above.

All else equals, low coupon bond experiences smaller change in price when rate changes

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