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Which one of these bonds has the lowest percentage price change for a stated shift in interest rates? A. 5 year, zero coupon B. 5
Which one of these bonds has the lowest percentage price change for a stated shift in interest rates?
A. 5 year, zero coupon
B. 5 year high coupon
c. 5 year low coupon
d. 10 year low coupon
e. 10 year high coupon
Money market securities are best defined as securities:
A. purchased through a bank.
b. that are risk free
c. with maturities of one year or less
d. that are purchased with cash and held until maturity
e. that are held for one week or less
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