Identify the Bond That Has the Longest Duration (No Calculations

question 6

Multiple Choice

Identify the bond that has the longest duration (no calculations necessary) .

• A) 20-year maturity with an 8% coupon.
• B) 20-year maturity with a 12% coupon.
• C) 15-year maturity with a 0% coupon.
• D) 10-year maturity with a 15% coupon.
• E) 12-year maturity with a 12% coupon.

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