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All else equal, which bond’s price is more affected by a change

01 / 10 / 2021 Projects

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All else equal, which bond’s price is more affected by a change

1. All else equal, which bond’s price is more affected by a change in interest rates, a bond with large coupon or a small coupon? Why?2. All else equal, which bond’s price is more affected by a change in interest rates, a short-term bond or a longer-term bond? Why?The answers are expected to be given in detail by using your own words ,thank you so much



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