Why are longer maturity and lower coupon bond more sensitive

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Problem 1: Why are longer maturity and lower coupon bonds more sensitive to changes in the interest rate than shorter maturity or higher coupon bonds?

Reference no: EM132797133

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Why are longer maturity and lower coupon bond more sensitive : Why are longer maturity and lower coupon bonds more sensitive to changes in the interest rate than shorter maturity or higher coupon bonds?
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