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Which of the following bonds has the most price risk? 7 year bonds with a 5% coupon 1 year bonds with a 12% coupon 3

Which of the following bonds has the most price risk?

  1. 7 year bonds with a 5% coupon

  2. 1 year bonds with a 12% coupon

  3. 3 year bonds with a 5% coupon

  4. 15 year bonds with a 10% coupon

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