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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

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 third highest duration?

Rogers Inc

Government of Canada

Loblaws Inc

Barrick Gold

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