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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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