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Which one of the following statements is correct? Because short-term interest rates are much more volatile than long-term rates, you would, in the real world,

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Which one of the following statements is correct? Because short-term interest rates are much more volatile than long-term rates, you would, in the real world, generally be subject to much more interest rate price risk if you purchased a 30-day bond than if you bought a 30-year bond. If rates fall after its issue, a zero coupon bond could trade at a price above its par value. The prices of high-coupon bonds tend to be less sensitive to a given change in interest rates than low.coupon bonds, other things held constant. If a firm moves from a position of strength toward financial distress, its bonds" yield to maturity would probably decline

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