answer choices: A 5-year, 5% annual coupon bond A 5-year, 10% annual coupon bond A...
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answer choices: A 5-year, 5% annual coupon bond A 5-year, 10% annual coupon bond A 5-year, 5% semiannual coupon bond A 4-year, zero-coupon bond 
Which of the following bonds has the longest duration? Multiple Choice A 5-year, 5% annual coupon bond A 5 -year, 10% annual coupon bond A 5-year, 5% semiannual coupon bond
answer choices:
A 5-year, 5% annual coupon bond
A 5-year, 10% annual coupon bond
A 5-year, 5% semiannual coupon bond
A 4-year, zero-coupon bond
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