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Which of the following bonds would exhibit the least sensitivity to changes in interest rates? A. 30-year zero coupon B. 20-year 6% coupon C. 10-year

Which of the following bonds would exhibit the least sensitivity to changes in interest rates?

  • A. 30-year zero coupon

  • B. 20-year 6% coupon

  • C. 10-year zero coupon

  • D. 10-year 6% coupon

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