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
Correct Answer:

Verified
Correct Answer:
Verified
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