Question: Consider two bonds A and B, each maturing in 10 years. Bond A has a coupon rate of 5% and a yield to maturity of

 Consider two bonds A and B, each maturing in 10 years.

Consider two bonds A and B, each maturing in 10 years. Bond A has a coupon rate of 5% and a yield to maturity of 3%. Bond B has a coupon rate of 6% and a yield to maturity of 4%. Which bond will have a lower duration? Would your answer change if Bond B's coupon rate were 5%? a. Bond B, Yes O b.Bond A, Yes O c. Bond A, No Od. Bond B, No

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