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Consider two zero coupon bonds, S & L that represent a short - term and long - term maturity bond respectively. The two bonds have

Consider two zero coupon bonds, S&L that represent a short-term and long-term maturity bond respectively. The two bonds have the following features:
Which bond, the short-term bond S or the long-term bond L, exhibits a greater price change when both yields increase to 6.93%?
Price of Bond S whn YTM =6.93% :
Price of Bond L when YTM=6.93% :
Price change of S=
Answer:
?
Price change of L=
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