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Which one of the following bonds is the most sensitive to interest rate risk? Select one: a. 3-year; 4 percent coupon O b. 7-year; 6

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Which one of the following bonds is the most sensitive to interest rate risk? Select one: a. 3-year; 4 percent coupon O b. 7-year; 6 percent coupon c. 3-year; 6 percent coupon O d. 7-year; 4 percent coupon e. 5-year; 6 percent coupon

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