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10. a. Which set of conditions will result in a bond with the greatest price volatility? LO 11-1 (1) A high coupon and a short

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10. a. Which set of conditions will result in a bond with the greatest price volatility? LO 11-1 (1) A high coupon and a short maturity. (2) A high coupon and a long maturity. (3) A low coupon and a short maturity. (4) A low coupon and a long maturity. b. An investor who expects declining interest rates would be likely to purchase a bond coupon and aterm to maturity. (LO 11 that has a (1) Low, long (2) High, short (3) High, long (4) Zero, long

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