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