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Check your skill! Which of the following three bonds (similar except for yield and maturity) has the least Macaulay duration? A bond with: A. 5%

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Check your skill! Which of the following three bonds (similar except for yield and maturity) has the least Macaulay duration? A bond with: A. 5% yield and 10-year maturity. B. 5% yield and 20 -year maturity. C. 6% yield and 10 -year maturity

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