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Question
Which of the following statements is false?a. For a given yield and coupon rate, the longer the maturity, the greater the price volatility.
b. Fore a given yield and maturity, price volatility is greater, the higher the coupon rate.
c. A bond's price volatility is affected by its maturity and coupon rate.
d. There is an inverse relationship between the price and yield of a bond.
e. None of the above.
Answer
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