Q
Between the two identical bonds having different maturity periods, the price of the ______ bond will change less than that of ______ bond.
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A
A. Long-term; short-term
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B
B. Short-term; long-term
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C
C. Lower-coupon; higher-coupon
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D
D. None of the given options
Correct Answer:
B. B. Short-term; long-term