18 . Which has the longest duration : a 30 - year , 8 percent yield to...

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18 . Which has the longest duration : a 30 - year , 8 percent yield to maturity , zero - coupon bond , or a 30 - year , 8 percent yield to maturity , 5 percent coupon bond ?

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Financial Markets And Institutions

ISBN: 9780071086745

5th International Edition

Authors: Anthony Saunders, Marcia Cornett

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