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Which of the following statements is CORRECT? Select one: a. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds. b. All else

Which of the following statements is CORRECT? Select one: a. All else equal, high-coupon bonds have less reinvestment risk than low-coupon bonds. b. All else equal, long-term bonds have less price risk than short-term bonds. c. All else equal, low-coupon bonds have less price risk than high-coupon bonds. d. All else equal, short-term bonds have less reinvestment risk than long-term bonds. e. All else equal, long-term bonds have less reinvestment risk than short-term bonds.

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