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Allelse being equal, which of the following bonds has the shortest duration?
All
else being equal, which of the following bonds has the shortest duration?
An20-year maturity, 6% coupon bond
An
20-year maturity, 6% coupon bond
An20-year maturity, 0% coupon bond
20-year maturity, 0% coupon bond
An18-year maturity, 0% coupon bond
18-year maturity, 0% coupon bond
An18-year maturity, 6% coupon bond
18-year maturity, 6% coupon bond
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