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Which of the following statements is false? None of above. A. B. The bond with the longer maturity is more sensitive to changes in interest
Which of the following statements is false? None of above. A. B. The bond with the longer maturity is more sensitive to changes in interest rates. C. Bond prices are subject to the effects of both passage of time and changes in interest rates. D. The bond with the smaller coupon payments is more sensitive to changes in interest rates
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