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The ABC company has two bonds outstanding that are the same except for the maturity date. Bond D matures in 4 years, while Bond E

The ABC company has two bonds outstanding that are the same except for the maturity date. Bond D matures in 4 years, while Bond E matures in 7 years. If the required return changes by 15%

Bond D will have a greater change in price.
Bond E will have a greater change in price.
the price of the bonds will be constant.
the price change for the bonds will be equal.

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