Identify the bond that has the longest duration(no calculations necessary). a)20year maturity with an 8% coupon b)20 year maturity with a 12% coupon c)20 year maturity with a 0% coupon d)10year maturity with a 15% coupon e)12year maturity with 12% coupon
Identify the bond that has the longest duration(no calculations necessary). a)20year maturity with an 8% coupon b)20 year maturity with a 12% coupon c)20 year maturity with a 0% coupon d)10year maturity with a 15% coupon e)12year maturity with 12% coupon