Question: 8. Which bond has a higher duration? Explain. - Bond A is a 20 -year 8% coupon bond selling at par. - Bond B is

 8. Which bond has a higher duration? Explain. - Bond A

8. Which bond has a higher duration? Explain. - Bond A is a 20 -year 8% coupon bond selling at par. - Bond B is a 20-year 8% coupon bond selling at a discount

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