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Which of the following statements is most correct? A. All else equal, long-term bonds have more interest rate risk than do short-term bonds. B. All

Which of the following statements is most correct? A. All else equal, long-term bonds have more interest rate risk than do short-term bonds. B. All else equal, high-coupon bonds have more reinvestment rate risk than do low-coupon bonds. C. All else equal, short-term bonds have more reinvestment rate risk than do long-term bonds. D. Statements a and c are correct. E. All of the statements above are correct.

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