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Which of the following statements is true? Short-term bonds have greater interest rate risk than do long-term bonds.a. Long-term bonds have greater interest rate risk
Which of the following statements is true? Short-term bonds have greater interest rate risk than do long-term bonds.a. Long-term bonds have greater interest rate risk than do short-term bonds.b. Interest rate risk is highest during periods of high interest rates.c. All bonds have equal interest rate risk.
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