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Which of the following statements about the relationship between interest rates and bond prices is true?There is an inverse relationship between bond prices and interest ratesThe price of long-term bonds fluctuates more than the price of short-term bonds for a given change in interest rates. (Assuming that the coupon rate is the same for both)There is a positive relationship between bond prices and interest ratesThe price of short-term bonds fluctuates more than the price of long-term bonds for a given change in interest rates. (Assuming that the coupon rate is the same for both)There is no relationship between bond prices and interest rates
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