Question
which oneof the following bonds is most sensitive to changes in market interest rates? 5-years, zero coupon; 5-years, 5 percent coupon; 5-years, 8 percent coupon;
which oneof the following bonds is most sensitive to changes in market interest rates? 5-years, zero coupon; 5-years, 5 percent coupon; 5-years, 8 percent coupon; 10-year, zero coupon; 10-year, 5 percent coupon
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The Economics Of Money Banking And Finance
Authors: Keith Bain, Peter Howells
1st Edition
0582278007, 9780582278004
