Is the price of a long-term bond or the price of a short-term security more sensitive to

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Is the price of a long-term bond or the price of a short-term security more sensitive to a change in interest rates? Why?

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Financial Markets and Institutions

ISBN: 978-1337099745

12th edition

Authors: Jeff Madura

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Question Posted: Oct 31, 2017 07:50 AM

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Is the price of a long-term bond or the price of a short-term security more sensitive to

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Financial Markets and Institutions

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