Which statement about bond prices is most, Financial Management

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Which statement about bond prices is most

Which statement about bond prices is most accurate?

a. For a discount bond the coupon rate is less than the yield-to-maturity

b. With an interest rate increase the price rises more for long-term bonds than short-term bonds

c. The others answers included are not correct

d. With an interest rate decline the price rises more for short-term bonds than long-term bonds

e. For a premium bond the yield to maturity exceeds the coupon rate

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Financial Management: Which statement about bond prices is most

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