Question: As interest rates increase, long-term bond prices: decrease by an equal degree as short-term bond prices. decrease by a greater degree than short-term bond prices.

As interest rates increase, long-term bond prices: decrease by an equal degree as short-term bond prices. decrease by a greater degree than short-term bond prices. increase by an equal degree as short-term bond prices. increase by a greater degree than short-term bond prices. decrease by a smaller degree than short-term bond prices
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