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11. Which of the following bonds have the greatest price change for a given change in interest rates? A. A 2-year zero coupon bond. B.

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11. Which of the following bonds have the greatest price change for a given change in interest rates? A. A 2-year zero coupon bond. B. A 10-year bond paying 5% annually. C. A 10-year bond paying 5% semi-annually. D. A 10-year zero coupon bond. E. None of the above

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