In each of the following pairs of bonds, select the bond that has the highest duration or effective duration: a. Bond A is a 6% coupon bond, with a 20-year time to maturity selling at par value. Bond B is a 6% coupon bond, with a 20-year time to maturity selling below par value.

Respuesta :

Answer:

Please see attachment .

Explanation:

Please see attachment .

Ver imagen sakhilemdletshesm