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All else the same, it interest rates rise, then? 1 . Bond prices will rise. II . The percentage price change for long - term

All else the same, it interest rates rise, then?
1. Bond prices will rise. II. The percentage price change for long-term bonds will be greater than that for short-term bonds. Which of the following is correct?
a. Neither I nor Il. b. Il only. c.1 and Il. d. I only.

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