Which has the longest duration a 30 year, 8 percent yield to maturity, 5 percent coupon bond or a 30 year, 10 percent yield to maturity, 5 percent coupon bond ...

The 8 percent yield to maturity bond has the longer duration This is because duration decreas ...

Which has the longest duration: a 30-year, 8 percent yield to maturity, 5 percent coupon bond or

Question:

Which has the longest duration: a 30-year, 8 percent yield to maturity, 5 percent bond or a 30- year, 10 percent yield to maturity, 5 percent bond?

Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...