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Which of the following bonds will be least negatively affected by an increase in interest rates (in comparison with an otherwise identical bond)? A longer
Which of the following bonds will be least negatively affected by an increase in interest rates (in comparison with an otherwise identical bond)?
A longer term bond with the same coupon rate | |
A bond with the same time to maturity but a larger coupon rate | |
A bond with the same time to maturity but a smaller coupon rate | |
A longer term bond with a larger coupon rate |
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