Question: As interest rates decrease, long-term bond prices A. increase by a greater degree than short-term bond prices. B. increase by an equal degree as short-term
As interest rates decrease, long-term bond prices
A. increase by a greater degree than short-term bond prices.
B. increase by an equal degree as short-term bond prices.
C. decrease by a greater degree than short-term bond prices.
D. decrease by an equal degree as short-term bond prices.
E. decrease by a smaller degree than short-term bond prices.
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