Question: c . $ 8 9 7 . 4 7 d . $ 1 , 0 0 4 . 8 2 Which of the following statements

c. $897.47
d. $1,004.82
Which of the following statements is CORRECT?
Select one:
a. All else equal, short-term bonds have the same price risk as long-term bonds.
b. All else equal, long-term bonds have more reinvestment risk than short-term bonds.
c. All else equal, short-term bonds have more reinvestment risk than long-term bonds.
d. All else equal, short-term bonds have more price risk than long-term bonds.
for $1,200. They pay a $95 annual coupon, have a 20-year
c . $ 8 9 7 . 4 7 d . $ 1 , 0 0 4 . 8 2 Which of

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