Question: Without doing any detailed computations, and assuming that the term structure is flat at 5%, put the following bonds in order of increasing duration and

Without doing any detailed computations, and assuming that the term structure is flat at 5%, put the following bonds in order of increasing duration and provide a brief explanation:

i. a perpetual 5% coupon bond

ii. a perpetual 3% coupon bond

iii. a 25 year zero coupon bond

iv. a 10 year floating rate bond that pays LIBOR

v. a 5 year 5% coupon bond

vi. a 5 year 6% coupon bond

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