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Question 11 Which of the following bonds has the most interest rate risk, all else equal: A 30 year 3% semiannual bond A 20 year

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Question 11 Which of the following bonds has the most interest rate risk, all else equal: A 30 year 3% semiannual bond A 20 year 5% semiannual bond A 30 year 5% semiannual bond A 20 year 3% semiannual bond

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