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With a change in interest rates Long-term bond prices will change the same amount as short-term bonds Long-term bond prices will change more than short-term
With a change in interest rates Long-term bond prices will change the same amount as short-term bonds Long-term bond prices will change more than short-term bonds Long-term bond prices will change more than short-term bonds if inflation is high. Long-term bond prices will change less than short-term bonds if inflation is low Long-term bond prices will change less than short-term bonds
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