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  3. Study Set
    Contemporary Financial Management Study Set 1
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    Exam 6: 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 45

Question 45

Multiple Choice

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