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Question 6. Bond A is a 6% coupon bond, with a 20-year time to maturity selling at par value. Bond B is a 6% coupon

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Question 6. Bond A is a 6% coupon bond, with a 20-year time to maturity selling at par value. Bond B is a 6% coupon bond, with a 20-year tie to maturity selling below par value. Which bond has the longer effective duration? Bond A Bond B Not enough information

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