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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%)?

  • A. 4% coupon, 30 year

  • B. 8% coupon, 20 year

  • C. zero coupon, 15 year

  • D. 8% coupon, 30 year

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