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Which of the following bonds is the most vulnerable to interest rate changes? A.a bond with Macaulay duration equal to 4.3 B.a bond with Macaulay

Which of the following bonds is the most vulnerable to interest rate changes?

A.a bond with Macaulay duration equal to 4.3

B.a bond with Macaulay duration equal to 4.6

C. a bond that pays coupons semi-annually and has a yield of 4% and a modified duration equal to 4.62

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