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b) Which bonds had the longest and shortest durations and why? Explain intuitively and prove by calculations. (3 points) b) Which bonds had the longest

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b) Which bonds had the longest and shortest durations and why? Explain intuitively and prove by calculations. (3 points)

b) Which bonds had the longest and shortest durations and why? Explain intuitively and prove by calculations. (3 points)

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