Question: Which has the longest duration: a 30-year, 8 percent yield to maturity, 5 percent coupon bond or a 30- year, 10 percent yield to maturity,

Which has the longest duration: a 30-year, 8 percent yield to maturity, 5 percent coupon bond or a 30- year, 10 percent yield to maturity, 5 percent coupon bond?

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The 8 percent yield to maturity bond has the longer duration This is because duration decreas... View full answer

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