Question
Rank the duration of the following bonds from least to greatest. Smallest Duration 1: 19-year bond with 11% coupon and YTM= 11% 2: 20-year zero
Rank the duration of the following bonds from least to greatest.
Smallest Duration
1: 19-year bond with 11% coupon and YTM= 11%
2: 20-year zero coupon bond with YTM= 10%
3: 20-year bond with 10% coupon and YTM= 10%
4: 20-year bond with 10% coupon and YTM= 11%
Greatest Duration
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
