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All other things equal, which of the following bond price is more sensitive to interest rate changes? A. 10-year bond with 7% coupon B. 20-year
All other things equal, which of the following bond price is more sensitive to interest rate changes?
| A. 10-year bond with 7% coupon |
| B. 20-year bond with a 7% coupon |
| C. 30-year bond with a 5% coupon |
| D. 20-year bond with a 5% coupon |
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