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Which of the following has the longest duration? a. 10-year maturity selling at a discount. b. 10-year maturity selling at par. c. 20-year maturity selling
Which of the following has the longest duration? a. 10-year maturity selling at a discount. b. 10-year maturity selling at par. c. 20-year maturity selling at a discount. d. 20-year maturity selling at par.
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