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The higher interest rate risk of a bond means that the sensitivity of bond price with respect to its YTM(Yield-to-Maturity) is relatively high. Interest rate

The higher interest rate risk of a bond means that the sensitivity of bond price with respect to its YTM(Yield-to-Maturity) is relatively high. Interest rate risk increases as the time to maturity ________, or as the coupon rate ________.

A) increases & decreases

B) increases & increases

C) decreases & decreases

D) decreases & increases

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