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

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