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Which of the following bonds has the most interest rate risk? A.6-year maturity; 4.15 percent coupon bond B.6-year maturity: 5.75 percent coupon bond. C.12-year maturity;4.15
Which of the following bonds has the most interest rate risk?
A.6-year maturity; 4.15 percent coupon bond
B.6-year maturity: 5.75 percent coupon bond.
C.12-year maturity;4.15 percent coupon bond.
D.12-year maturity; 5.75 percent coupon bond
E.8-year maturity; 5.75 percent coupon bond.
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