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All other things equal, which of the following has the longest duration? A) a 10 year bond with a 5% coupon B) a 10 year
All other things equal, which of the following has the longest duration?
A) a 10 year bond with a 5% coupon
B) a 10 year bond with a 9% coupon
C) a 20 year bond with a 5% coupon
D) a 20 year bond with a 9% coupon
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