Which of the Following Bonds Has the Longest Duration

question 58

Multiple Choice

Which of the following bonds has the longest duration?

• A)A 12-year maturity, 0% coupon bond.
• B)A 12-year maturity, 8% coupon bond.
• C)A 4-year maturity, 8% coupon bond.
• D)A 4-year maturity, 0% coupon bond.

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Definitions:

Invalidate

To undermine or nullify the value, correctness, or importance of something or someone's feelings.

DSM-5 Antisocial Personality Disorder

A mental health disorder characterized by a pervasive pattern of disregard for, and violation of, the rights of others, as outlined in the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition.

Psychopathy

A personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.

Emotional

Pertaining to feelings or the ability to be aware of, understand, and express one's feelings.