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Which of the following bonds has the highest price risk due to changes in interest rates? A. 15-year, 8 percent coupon bond B. 15-year, 5
Which of the following bonds has the highest price risk due to changes in interest rates?
A. 15-year, 8 percent coupon bond
B. 15-year, 5 percent coupon bond
C. 15-year, zero coupon bond
D. 10-year, 5 percent coupon bond
E. 10-year, 8 percent coupon bond
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