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Question 3 Which of the following bonds would be the LEAST sensitive to interest rate changes? 7% annual coupon, 7 years to maturity 5% annual

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Question 3 Which of the following bonds would be the LEAST sensitive to interest rate changes? 7% annual coupon, 7 years to maturity 5% annual coupon. 10 years to maturity 5% annual coupon, 7 years to maturity Zero coupon bond. 20 years to maturity

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