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Explain the concept of duration and then comment on the

Explain the concept of duration and then comment on the statement,"It is possible that a bond with a shorter maturity than another bond may actually have a longer duration and be more price sensitive to interest rate change." Explain why a bond with a shorter maturity than another bond could have a longer duration; use examples. 750 to 1,000 words with at least two references.

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Business Management: Explain the concept of duration and then comment on the

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Business Management: Explain the concept of duration and then comment on the

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