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Consider a bond with a coupon rate of 2%, face value of $1,000, term to maturity of 10 years, and yield to maturity of 6%.
Consider a bond with a coupon rate of 2%, face value of $1,000, term to maturity of 10 years, and yield to maturity of 6%. Without doing any calculations, which of the price and duration pairings below can be true for this bond? A. Price = $800, MacD = 9.5 years B. Price = $800, MacD = 10 years C. Price = $1,210, MacD = 9.5 years D. Price = $1,210, MacD = 10 years E. Price = $800, MacD = 11 years
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