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QUESTION 8 Which of the following bonds has the greatest (highest amount of) interest rate risk? 5% coupon bond, $1,000 face value, 7 years to
QUESTION 8 Which of the following bonds has the greatest (highest amount of) interest rate risk? 5% coupon bond, $1,000 face value, 7 years to maturity 9% coupon bond, $1,000 face value, 9 years to maturity 4% coupon bond, $1,000 face value, 14 years to maturity 2% coupon bond, $1,000 face value, 2 years to maturity
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