Identify the following as True or False?
a. When interest rates rise, long-term bonds will de...
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Identify the following as True or False?
a. When interest rates rise, long-term bonds will decline in value more than short-term bonds.
b. When interest rates rise, bond prices rise.
c. When interest rates rise bond values do not change as they are fixed.
d. When interest rates rise coupon payments decrease.
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