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Which of the following bonds has the most price risk? A. 7-year bonds with a 5% coupon B. 3-year bonds with a 5% coupon C.

Which of the following bonds has the most price risk?

A. 7-year bonds with a 5% coupon

B. 3-year bonds with a 5% coupon

C. 15-year zero coupon bonds

D. 15-year bonds with a 10% coupon

A.

B

B.

D

C.

C

D.

A

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