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Can you please help me with this question? Other things being equal , which of the following option-free bonds is likely to have the most
Can you please help me with this question?
Other things being equal, which of the following option-free bonds is likely to have the most price sensitivity to changes in interest rates?
a)Bond with 10% coupon.
b)Bond with 15% coupon.
c)Bond with5% coupon.
d)Bond with8% coupon.
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