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What the longer the time to maturity

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Reference no: EM132949719

PROBLEM 1: The longer the time to maturity?

a. the less the bond price increase from an increase in interest rates.

b. the greater the bond price increase from an increase in interest rates.

c. the greater the bond price increase from a decrease in interest rates.

d. the less the bond price decrease from a decrease in interest rates.

Reference no: EM132949719

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