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All other things equal, which of the following would be most sensitive to a 1 % change in the interest rate? a . A 3
All other things equal, which of the following would be most sensitive to a change in the interest rate?
a A year bond with a coupon, trading at discount
A has higher yidd than is
b A year bond with a coupon, trading at premium
: is mon semsitive than A
c A year bond with a coupon, trading at par
d A year zero coupon bond
to compan b witt I read lie yicld.
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