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Which of the Following Bonds Has the Longest Duration

Question 36

Multiple Choice

Which of the following bonds has the longest duration?


A) An 8-year maturity, 0% coupon bond
B) An 8-year maturity, 5% coupon bond
C) A 10-year maturity, 5% coupon bond
D) A 10-year maturity, 0% coupon bond

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