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Consider the following information about five bonds. Which bonds price should be the least sensitive to changes in interest rates? Bond Coupon rate Maturity A
Consider the following information about five bonds. Which bonds price should be the least sensitive to changes in interest rates?
Bond Coupon rate Maturity
A 3% 10 years
B 4% 30 years
C 3% 30 years
D 2% 10 years
E 4% 10 years
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