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6) Other things being equal, which of the following four bonds is expected to have a smaller duration? A) A 5-year zero-coupon bond B) A

6) Other things being equal, which of the following four bonds is expected to have a smaller duration?

A)

A 5-year zero-coupon bond

B)

A 5-year coupon bond

C)

A 6-year zero-coupon bond

D)

A 5.5-year coupon bond

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