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Long-term bonds are ________ than short-term bonds. A) more liquid B) less risky C) subject to more uncertainty D) less sensitive to interest rate changes
Long-term bonds are ________ than short-term bonds.
A) more liquid
B) less risky
C) subject to more uncertainty
D) less sensitive to interest rate changes
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Financial Accounting
Authors: Belverd E. Needles
5th Edition
0395698022, 978-0395698020
