Which has the longest duration: a 30-year, 8 percent yield to maturity, zerocoupon bond, or a 30-year,

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

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Financial Markets And Institutions

ISBN: 9781259919718

7th Edition

Authors: Anthony Saunders, Marcia Cornett

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