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Other things constant, bond price volatility is greater (a) the longer the term to maturity (b) the shorter the term to maturity (c) the term

Other things constant, bond price volatility is greater

(a) the longer the term to maturity

(b) the shorter the term to maturity

(c) the term to maturity has no impact on bond price volatility

(d) for Treasury bills than for consol bonds

(e) none of the above

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