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Which of the following is likely to have the greatest price increase if interest rates decrease. O A A 10-year zero coupon bond with a
Which of the following is likely to have the greatest price increase if interest rates decrease. O A A 10-year zero coupon bond with a yield of 8%. O B A 10-year coupon-paying bond with a yield of 8% A perpetuity with a yield of 8%. (The duration of perpetuity is equal to (1+y)/y)
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