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Can you please help me with this question? O ther things being equal, which of the following option-free bonds is likely to have the least
Can you please help me with this question?
Other things being equal, which of the following option-free bonds is likely to have the least price sensitivity to changes in interest rates?
a)Bond with 6 months to maturity.
b)Bond with 6 years to maturity.
c)Bond with 3 years to maturity.
d)Bond with 15 years to maturity.
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