Which of the Following Bonds Has the Longest Duration

question 17

Multiple Choice

Which of the following bonds has the longest duration?

• A)five-year coupon bond
• B)five-year,zero-coupon bond
• C)ten-year coupon bond
• D)ten-year,zero-coupon bond

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Definitions:

Use and Enjoyment

The right of a property owner or tenant to occupy and use property without interference.

Land

A property or parcel of the earth's surface, including resources and physical environment, which can be owned or leased.

EIS

Environmental Impact Statement, a document required for major federal actions in the United States, outlining the effects on the environment of proposed projects.

Psychological Effects

The impacts or changes in an individual's mental state, emotions, or behavior as a result of an experience, condition, or external stimulus.