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Suppose the interest rate increases. The price of a bond that matures in 20 years will _____ by _____ (in percentage terms) than the price

Suppose the interest rate increases. The price of a bond that matures in 20 years will _____ by _____ (in percentage terms) than the price of a bond that matures in 5 years.

Question 49 options:

A)

increase; more

B)

increase; less

C)

decrease; more

D)

decrease; less

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