Question: Using only the information below, which bond has more interest rate risk (i.e. Higher Duration)? 5-year maturity bond with a yield of 2.1% 2-year bond
Using only the information below, which bond has more interest rate risk (i.e. Higher Duration)?
| 5-year maturity bond with a yield of 2.1% | ||
| 2-year bond with a yield of 1.9% | ||
| 5-year maturity bond with a yield of 3.4% | ||
| 2-year bond with a yield of 9.1% |
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