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  3. Study Set
    Contemporary Financial Management Study Set 2
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    Exam 7: Fixed Income Securities: Characteristics and Valuation
  5. Question
    The Value of a 15-Year Bond Will Change ____ for a Given
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The Value of a 15-Year Bond Will Change ____ for a Given

Question 27

Question 27

Multiple Choice

The value of a 15-year bond will change ____ for a given change in the required rate of return than will the value of a 5 year bond.


A) more
B) less
C) the same percentage
D) exactly the same

Correct Answer:

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