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Which statement is TRUE about bond price changes that result from interest rate movements? A Short term bond prices move more slowly than long term
Which statement is TRUE about bond price changes that result from interest rate movements?
A
Short term bond prices move more slowly than long term bond prices
B
Long term bond prices move more slowly than short term bond prices
Both short term and long term prices move at equivalent rates
No relationship exists between short term and long term bond price movements
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