Identify the Bond That Has the Longest Duration (No Calculations

question 31

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) 20-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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A major river in Canada, flowing through the provinces of Alberta, Saskatchewan, and Manitoba.

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