All Else the Same, Which of the Following Bonds Will

question 92

Multiple Choice

All else the same, which of the following bonds will have the longest duration?

• A) 5-year, 6 percent coupon
• B) 5-year, 8 percent coupon
• C) 10-year, 8 percent coupon
• D) 15-year, 6 percent coupon
• E) 15-year, 8 percent coupon