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Which bond has the longest duration: 5 - year maturity, 1 0 % coupon 2 0 - year maturity, 1 0 % coupon 5 -

Which bond has the longest duration:

5 -

year maturity,

10 %

coupon

20 -

year maturity,

10 %

coupon

5 -

year maturity,

5 %

coupon

20 -

year maturity,

5 %

coupon

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