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Can you please explain this. Thanks! Answer the following question based on your understanding of interest rate risk and reinvestment rate risk. True or False:

image text in transcribedCan you please explain this. Thanks!

Answer the following question based on your understanding of interest rate risk and reinvestment rate risk. True or False: Assuming all else is equal, the shorter a bond's maturity, the more its price changes in response to a given change in interest rates. False True

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