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Jack invested in a government bond that promised an annual yield to maturity of 5.2 percent. The bond pays coupons twice a year. What is

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Jack invested in a government bond that promised an annual yield to maturity of 5.2 percent. The bond pays coupons twice a year. What is the effective annual yield (EY) on this investment? (answer as a percentage rounded to two decimal places without sign, eg 2.8899 is 2.89) Answer Which ONE of the following statements is NOT true? Select one: O A. Long-term bonds have lower price volatility than short-term bonds. O B. As interest rates decline, the prices of bonds increase; and as interest rates rise, the prices of bonds decline. C. All other things being equal, short-term bonds are less risky than long-term bonds. D. Interest rate risk increases as maturity increases

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