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Bond A, B, and C share the same maturity date, coupon rate, and face value. Assume they all have similar durations. Bond A is a

Bond A, B, and C share the same maturity date, coupon rate, and face value. Assume they all have similar durations. Bond A is a straight bond; B is callable on date X in the future; C is putable on date X in the future. Which bond would most likely protect investors against a significant increase in interest rate?

A

C

B

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