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Which of the following statement is correct? Bond price would be lower if the default risk of the bond issuer increases. Bond price increases in

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Which of the following statement is correct? Bond price would be lower if the default risk of the bond issuer increases. Bond price increases in YTM. Relative to the price of a long term bond, the price of a short-term bond is more sensitive to the change in interest rate. It is possible that the price of a Zero-coupon band is larger than its face value

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