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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?
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A) | A 5-year zero-coupon bond |
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B) | A 5-year coupon bond |
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C) | A 6-year zero-coupon bond |
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D) | A 5.5-year coupon bond |
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