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If there is 7-year bond whose coupon rate is continuously adjusted to equal to its yield to maturity, which one below is dosest to the
If there is 7-year bond whose coupon rate is continuously adjusted to equal to its yield to maturity, which one below is dosest to the bond's duration? Hint: A bond with coupon rate equal to the yield to maturity will be priced at its face value, i.e., it is a par-value bond as we learnt in lecture 1. O A O year B. There is no sufficient information to get the answer. C. 7.00 years D. 6.75 years E. 6.50 years
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