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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?
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A. 30-year zero coupon
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B. 20-year 6% coupon
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C. 10-year zero coupon
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D. 10-year 6% coupon
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