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Given an unexpected increase in interest rates, which of the following risk-free bond prices will be least affected? Assume that all choices have a $1000
Given an unexpected increase in interest rates, which of the following risk-free bond prices will be least affected? Assume that all choices have a $1000 face value. a 15-year zero coupon bond. a 20-year zero coupon bond. a 5-year bond with a coupon rate of 9%. a 10-year bond with a coupon rate of 3%
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