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( 1 ) Which one of the following bonds has the least interest rate risk? A . 3 - year; 4 percent coupon B .

(1) Which one of the following bonds has the least interest rate risk?
A.3-year; 4 percent coupon
B.3-year; 6 percent coupon
C.5-year; 6 percent coupon
D.7-year; 6 percent coupon
E.7-year; 4 percent coupon

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