Question: Coca - Cola has issued two bonds paying the same coupon rate, but bond issue A matures in 1 0 years while bond issue B
CocaCola has issued two bonds paying the same coupon rate, but bond issue A matures in years while bond issue B matures in years. Therefore, relative to bond issue B the duration of issue A is and it's price will display sensitivity to interest rate variation.
Group of answer choices
shorter; more
shorter; less
longer; more
longer; less
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