In percentage terms,higher coupon bonds experience a ________ price change compared with lower coupon bonds of the same maturity given a stated change in market interest rates.

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Higher coupon bonds experience a smaller price change compared to lower coupon bonds of the same maturity when market interest rates change. This is because the higher coupon payments provide a cushion that mitigates the impact of interest rate fluctuations on the bond's price.

In Percentage Terms,higher Coupon Bonds Experience a ________ Price Change