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Consider the following information: Bond A Bond B Maturity=6years Maturity=8 years Yield=8% Yield=9% Coupon rate= 8% Coupon rate= 0% Duration=5 years Duration=? years Convexity=28 Convexity=35

Consider the following information:

Bond A

Bond B

Maturity=6years

Maturity=8 years

Yield=8%

Yield=9%

Coupon rate= 8%

Coupon rate= 0%

Duration=5 years

Duration=? years

Convexity=28

Convexity=35

Given the information above, what is the Duration of Bond B?

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