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    Exam 6: Interest-Rate Forwards Futures
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    All Else Being Equal, a Bond with a Higher Coupon
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All Else Being Equal, a Bond with a Higher Coupon

Question 3

Question 3

Multiple Choice

All else being equal, a bond with a higher coupon has a duration that is ________ than that of a bond with a lower coupon.


A) greater than.
B) less than.
C) equal to.
D) undetermined in relation to.

Correct Answer:

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