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bond pays annual interest its coupon rate is 9 % . It value at maturity is $ 1 , 0 0 0 . It matures
bond pays annual interest its coupon rate is It value at maturity is $ It matures in years. Its yield to maturity is currently
e duration of this bond is years.
Multiple Choice
Rank the interest sensitivity of the following from the most sensitive to an interest rate change to the least sens
coupon, noncallable year maturity par bond
coupon, currently callable year maturity premium bond
Zerocoupon year maturity bond
Multiple Choice
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