Which bond has the longest duration? a. 8-year maturity, 6 percent coupon b. 8-year maturity, 11 percent

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Which bond has the longest duration?

a. 8-year maturity, 6 percent coupon

b. 8-year maturity, 11 percent coupon

c. 15-year maturity, 6 percent coupon

d. 15-year maturity, 11 percent coupon.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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