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3. For each of the following pairs of bonds, indicate which of the two bonds has the greater interest rate risk. a. ATT 45 25

3. For each of the following pairs of bonds, indicate which of the two bonds has the greater interest rate risk. a. ATT 45 25 - IBM 6s 25 b. MRK zr 19 - WMT 3 12 19 C. XOM 5s 18 - APL 5: 22

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