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The bond price volatility will be greatest for which one of the following vanilla bonds, all trading at a 7 per cent yield to maturity?
The bond price volatility will be greatest for which one of the following vanilla bonds, all trading at a per cent yield to maturity?
a Coupon rate of per cent and term to maturity of nine years
b Coupon rate of per cent and term to maturity of years
c Coupon rate of per cent and term to maturity of eight years
d Coupon rate of per cent and term to maturity of years
e None of the above
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