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All else the same, which of the following bond combinations would have the greatest difference in sensitivity to changes in interest rates?
Daniel Dulany
Daniel Dulany was an 18th-century American colonial leader and Loyalist, known for his writings opposing British tax policies prior to the American Revolution.
Imposing Taxes
The act of establishing and enforcing mandatory contributions to be paid by individuals or businesses to support government activities and services.
British Colonies
Territories under British rule during the age of exploration and empire, significant for the spread of English language, culture, and economic systems worldwide.
Townshend Duties
The Townshend Duties were a series of British taxes on colonies in America imposed in 1767 on imports such as tea, glass, and paper, which sparked widespread protests.
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