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Which one is an incorrect statement? Group of answer choices a.Discount rate changes affect more the prices of bonds with longer maturity than shorter maturity

Which one is an incorrect statement?

Group of answer choices

a.Discount rate changes affect more the prices of bonds with longer maturity than shorter maturity

b.NPV is not affected by discount rate

c.Increasing discount rate will decrease the NPV

d.Decreasing discount rate will increase the benefit-cost ratio

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