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All other risk being equal, which of the following bonds would have the highest interest rate risk? a/ a low coupon bond of 100 years
All other risk being equal, which of the following bonds would have the highest interest rate risk?
a/ a low coupon bond of 100 years to maturity
b/a high coupon bond of 100 years to maturity
c/a low coupon bond of 10 years to maturity
d/a high coupon bond of 10 years to maturity
e/none of the above
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