Which one of the following bonds has the shortest duration? a. Zero coupon, 10-year maturity b. Zero

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Which one of the following bonds has the shortest duration?

a. Zero coupon, 10-year maturity

b. Zero coupon, 13-year maturity

c. 8 percent coupon, 10-year maturity

d. 8 percent coupon, 13-year maturity.

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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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