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Which one of the following bonds will show a larger percentage change in price if the interest rates drop by 100 basis points? Assume the

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Which one of the following bonds will show a larger percentage change in price if the interest rates drop by 100 basis points? Assume the yield curve to be flat. A 20 year floating rate bond whose coupons are reset to the T-bill rate each year B) A 20 year 4% coupon bond (fixed coupon rate)

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