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Q. |
Which of the following bonds has the shortest duration? |
A. | Coupon = 15%, time to maturity = 15 years, yield to maturity = 10% |
B. | Coupon = 12%, time to maturity = 20 years, yield to maturity = 10% |
C. | Coupon = 15%, time to maturity = 15 years, yield to maturity = 15% |
D. | Coupon = 10%, time to maturity = 20 years, yield to maturity = 10% |
Answer» C. Coupon = 15%, time to maturity = 15 years, yield to maturity = 15% |
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