Comparing Long-Term Bonds with Short-Term Bonds,long-Term Bonds Are ________ Volatile

question 3

Multiple Choice

Comparing long-term bonds with short-term bonds,long-term bonds are ________ volatile and therefore experience ________ price change than short-term bonds for the same interest rate shift.

• A)less; less
• B)less; more
• C)more; more
• D)more; less
• E)more; the same