Question
.Which bond is likely to have the longest duration: a. 2-year 6% coupon bond with a YTM of 8% b. 5-year 6% coupon bond with
.Which bond is likely to have the longest duration:
a. 2-year 6% coupon bond with a YTM of 8%
b. 5-year 6% coupon bond with a YTM of 8%
c. 30-year 6% coupon bond with a YTM of 6%
d. 30-year 6% coupon bond with a YTM of 4%
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
