Why do bonds with long maturities fluctuate more in price than do bonds with short maturities, given

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Why do bonds with long maturities fluctuate more in price than do bonds with short maturities, given the same change in yield to maturity?

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:37 AM

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Why do bonds with long maturities fluctuate more in price than do bonds with short maturities, given

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The longer the maturity the less important the p...View the full answer

Fundamentals Of Financial Management

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