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Which of the following bonds has the shortest duration (assume the YTM=8%)? A. 4% coupon, 30 year B. 8% coupon, 20 year C. zero coupon,
Which of the following bonds has the shortest duration (assume the YTM=8%)?
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A. 4% coupon, 30 year
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B. 8% coupon, 20 year
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C. zero coupon, 15 year
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D. 8% coupon, 30 year
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