For a given interest rate change,a 20-year bond's price change will be twice that of a 10-year bond's price change.

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The price sensitivity of a bond to interest rate changes, known as duration, increases with the bond's maturity. However, the relationship is not linear, meaning a 20-year bond's price change will not be exactly twice that of a 10-year bond's price change. Factors such as coupon rate, yield, and the convexity of the bond also affect how its price responds to interest rate changes.

For a Given Interest Rate Change,a 20-Year Bond's Price Change