Which bond has the longest duration? a. b. 8-year maturity, 6 percent coupon 8-year maturity, 11 percent
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Which bond has the longest duration?
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a. b. 8-year maturity, 6 percent coupon 8-year maturity, 11 percent coupon C. 15-year maturity, 6 percent coupon d. 15-year maturity, 11 percent coupon
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