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??????? Consider the following two bonds. Which bond is more price sensitive to interest rate changes? i) Bond X: A par bond with a maturity

??????? Consider the following two bonds. Which bond is more price sensitive to interest rate changes? i) Bond X: A par bond with a maturity of 5 years and a coupon rate of \( 10 \% \). ii) Bond Y: A zero-cou 2 answers

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