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Which of the following bonds has the highest interest rate risk (all else equal)? a. 2.5%, 5-years to maturity b. 0% Coupon, 30-years to maturity
Which of the following bonds has the highest interest rate risk (all else equal)? a. 2.5%, 5-years to maturity b. 0% Coupon, 30-years to maturity c. 0%, 5-years to maturity d. 2.5% Coupon, 30-years to maturity
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