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Which one of the following bonds is the least sensitive to interest rate risk? A) 3-year, 4 percent coupon bond. B) 5-year, 6 percent coupon
Which one of the following bonds is the least sensitive to interest rate risk? A) 3-year, 4 percent coupon bond. B) 5-year, 6 percent coupon bond C) 3-year, 6 percent coupon bond. D) 7-year, 6 percent coupon bond. E) 7-year, 4 percent coupon bond. Save
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