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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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