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Which of the following bonds is most sensitive to changes in market interest rates? Select one: a. 6% coupon, 8 years to maturity b. 3%
Which of the following bonds is most sensitive to changes in market interest rates? Select one: a. 6% coupon, 8 years to maturity b. 3% coupon, 9 years to maturity c. 5% coupon, 5 years to maturity d. 3\% coupon, 12 years to maturity e. 4% coupon, 10 years to maturity
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