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Which of the following statements is true? A. As interest rates decline, the prices of bonds decrease and as interest rates rise, the prices of

Which of the following statements is true? A. As interest rates decline, the prices of bonds decrease and as interest rates rise, the prices of bonds rise B. As interest rates decline, the prices of bonds rise: and as interest rates rise, the prices of bonds decline. C. Interest changes have no effects on bond prices. D. None of the above

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