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You are comparing two bonds. Both bonds mature in 5 years. One has a coupon rate of 5% and the other has a coupon rate

You are comparing two bonds. Both bonds mature in 5 years. One has a coupon rate of 5% and the other has a coupon rate of 3%. What will happend to the value of the bonds if interest rates decline? Which of these two bond values will have greater sensitivity to changes in interest rates? How do you know?

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