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Which one of the following bonds is the least sensitive to changes in market interest rates? Zero coupon, 10 year 6 percent annual coupon, 10
Which one of the following bonds is the least sensitive to changes in market interest rates?
Zero coupon, 10 year | |
6 percent annual coupon, 10 year | |
Zero coupon, 4 year | |
8 percent annual coupon, 4 year | |
6 percent annual coupon, 4 year |
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