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Please rank the duration of the following bonds and explain the reason: (4 points) Bond A: 5-year bond, coupon rate of 3% selling at par
Please rank the duration of the following bonds and explain the reason: (4 points) Bond A: 5-year bond, coupon rate of 3% selling at par Bond B: 5-year bond, coupon rate of 3% selling at discount Bond C: 10-year bond, coupon rate of 2% selling at par Bond D: 10-year bond, coupon rate of 2% selling at premium
How do you compare a bond selling at premium/discount with a bond selling at par value?(2 points)
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