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Which of the 4 bonds shown below has the shortest duration? 1. 5% coupon bond maturing in 10 years 2. zero coupon bond maturing in

Which of the 4 bonds shown below has the shortest duration?

	1.	5% coupon bond maturing in 10 years
	2.	zero coupon bond maturing in 10 years
	3.	8% coupon bond maturing in 10 years
	4.	2% coupon bond maturing in 10 years

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