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Which one of the following bonds has the least interest rate risk? 1) 3-year, 0 percent coupon 2) 6-year, 0 percent coupon 3) 6-year, 6

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Which one of the following bonds has the least interest rate risk? 1) 3-year, 0 percent coupon 2) 6-year, 0 percent coupon 3) 6-year, 6 percent coupon 4) 3-year, 6 percent coupon

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