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PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT, Bond A has a maturity of 6 years with a coupon and yield of 10%. Bond B also

PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT,

Bond A has a maturity of 6 years with a coupon and yield of 10%. Bond B also has a maturity of 6 years but with a coupon of 8% (yield is still 10%). Which bond has higher duration? By how much?

A Both have the same duration: 6 years

B Bond B, 0.2 year

C Bond B, 0.15 year

D Bond A, 0.2 year

E Bond A, 0.15 year

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