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With regard to interest rates and bond prices it can be said that a) a 1% change in interest rates will cause a greater change

With regard to interest rates and bond prices it can be said that a) a 1% change in interest rates will cause a greater change in long-term bond prices than short-term prices. b) a 1% change in interest rates will cause a greater change in short-term bond prices than long-term prices. c) a decrease in interest rates will cause bond prices to fall

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