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Holding other factors constant, which one of the following bonds has the smallest duration?
Holding other factors constant, which one of the following bonds has the smallest duration?
| | | A) 7-year, 1% coupon bond |
| | | B) 7-year, 5% coupon bond |
| | | C) 7 year, 10% coupon bond |
| | | D) 7-year, 0% coupon bond |
| | | E) Cannot tell from the information given. |
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