Question: If general interest rates decrease dramatically, which statement is most correct? Long - term bonds will increase in value more than short - term bonds.

If general interest rates decrease dramatically, which statement is most correct? Long-term bonds will increase in value more than short-term bonds. Long-term and short-term bonds will change in value by the same amount. Short-term bonds will increase in value more than long-term bonds. Short-term bonds will decrease in value more than long-term bonds. Long-term bonds will decrease in value more than short-term bonds.

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