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Which one of the following bonds is the least sensitive to interest rate risk? 3-year; 7 percent coupon 7-year; 4 percent coupon 5-year; 7 percent
Which one of the following bonds is the least sensitive to interest rate risk? 3-year; 7 percent coupon 7-year; 4 percent coupon 5-year; 7 percent coupon 7-year; 7 percent coupon 3-year; 4 percent coupon
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