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All other things equal, which of the following has the longest duration? A 20 year bond with a 10% coupon yielding 10% A 25 year
All other things equal, which of the following has the longest duration?
A 20 year bond with a 10% coupon yielding 10%
A 25 year zero coupon bond yielding 10%
A 20 year bond with a 10% coupon yielding 11%
A 20 year zero coupon bond yielding 11%
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