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Bond A matures in 20 years. Bond B matures in 5 years. If YTM declines by 1% which of the following statements is most correct?

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Bond A matures in 20 years. Bond B matures in 5 years. If YTM declines by 1% which of the following statements is most correct? Select one: a. The prices of both bonds will rise. But A will rise less b. The pnces of both bonds will rise. But A will rise more. c. The prices of both bonds will decline. But A will decline less. d. The prices of both bonds will decline. But A will decline more

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