Which of the following statements is true given a change in


Which of the following statements is true? a. Given a change in market interest rate, bonds with high coupon rates have greater price change than bonds with low coupon rates. b. A bond that is selling at discount has yield to maturity lower than the coupon rate. c. The total value of a bond is equal to the interest payments plus the present value of the face amount. d. Given a change in market interest rate, longer term bonds have greater price change than shorter term bonds.

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Financial Management: Which of the following statements is true given a change in
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