Question: explain why please 1. Which bond has a longer duration: 15 year zero coupon bond yielding 10% or a perpetuity yielding 5%? A. The zero
1. Which bond has a longer duration: 15 year zero coupon bond yielding 10% or a perpetuity yielding 5%? A. The zero coupon bond B. The perpetuity C. Neither, they both have the exact same duration
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