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When interest rates decline, the duration of a 10-year bond selling at a premium Select one: a.remains the same b.decreases c.decreases at first, then increases
When interest rates decline, the duration of a 10-year bond selling at a premium
Select one:
a.remains the same
b.decreases
c.decreases at first, then increases
d.increases at first, then declines
e.increases
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