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Which of the following is false? The yield for a bond portfolio is the weighted average of the yield to maturity of the individual bond

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Which of the following is false? The yield for a bond portfolio is the weighted average of the yield to maturity of the individual bond in the portfolio Bond prices and yields are inversely related. Prices of long-term bonds tend to be more sensitive to interest-rate changes than prices of short-term bonds. The interest-rate risk of a bond is the risk that arises from the uncertainty of the bond's return caused by changes in interest rates

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