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QUESTION 14 All other variables held constant, which bond is most sensitive to interest rate changes? a. Zero-coupon bond b. 10% coupon bond c. 14%
QUESTION 14
- All other variables held constant, which bond is most sensitive to interest rate changes?
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| a. | Zero-coupon bond |
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| b. | 10% coupon bond |
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| c. | 14% coupon bond |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
