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Which of the following bonds will have the lowest interest rate risk? O A: a 20-year bond that has a 3% annual coupon, OB: a
Which of the following bonds will have the lowest interest rate risk? O A: a 20-year bond that has a 3% annual coupon, OB: a 30-year bond that has a 3% annual coupon, OC: a 30-year bond with zero coupons, OD: a 20-year bond with 6% annual coupon
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