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

Which of the following statements is most correct? All else equal, long-term bonds have more interest rate risk than do short-term bonds. All else equal, high-coupon bonds have more reinvestment rate risk than do low-coupon bonds. All else equal, short-term bonds have more reinvestment rate risk than do long-term bonds. All of the answers are correct.

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