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All other things equal, a bond's sensitivity to changes in the interest rates is ________. a. indeterminable when the coupon rate is high b. the
All other things equal, a bond's sensitivity to changes in the interest rates is ________.
a. indeterminable when the coupon rate is high
b. the same when the coupon rate is higher
c. higher when the coupon rate is higher
d. lower when the coupon rate is higher
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