All of the following bonds have the same maturity and face value:

• Government of Canada bond with a 1.2% coupon trading at par
• Rogers Inc bond with a 4% coupon yielding 3.8%
• Barrick Gold zero-coupon bond yielding 5.3%
• Loblaws Inc bond with a 6.2% coupon trading at par

All else equal, which of these bonds has the lowest duration?

	Loblaws Inc
	Government of Canada
	Barrick Gold
	Rogers Inc