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Which of the following is true? 1.When interest rates in the economy decrease, bond prices increase 2.As its coupon decreases, a bond's price decreases 3.Longer

Which of the following is true?

1.When interest rates in the economy decrease, bond prices increase

2.As its coupon decreases, a bond's price decreases

3.Longer maturity bonds can be worth more or less than shorter maturity bonds when the coupon rates are the same

4.All of the answers listed

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