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Question 4 (1 point) Which of the following about duration are true? I A bond with a higher yield has a longer duration IIA bond

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Question 4 (1 point) Which of the following about duration are true? I A bond with a higher yield has a longer duration IIA bond with higher coupons has a shorter duration III A bond with a longer maturity has a longer duration a) I and III only b) II and III only Oc) The correct answer is not given by any of the other selections. Od) I and II only e) none are true

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