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Which ONE of the following statements is true? Select one: A. The longer the maturity of a bond, the greater its interest rate risk. B.

Which ONE of the following statements is true?

Select one:

A. The longer the maturity of a bond, the greater its interest rate risk.

B. The longer the maturity of a bond, the less its interest rate risk.

C. The higher the coupon rate, all else equal, the higher the interest rate risk.

D. Zero coupon bonds have lower interest rate risk than coupon paying bonds, all else equal.

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