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Which of the following bonds has the longest duration? 7-year, 7% coupon bond 7-year, 12% coupon bond 14-year, 7% coupon bond 14-year, 12% coupon bond
Which of the following bonds has the longest duration?
7-year, 7% coupon bond | ||
7-year, 12% coupon bond | ||
14-year, 7% coupon bond | ||
14-year, 12% coupon bond |
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