问题
单项选择题
Which of the following bonds has the shortest duration A bond with a:（）
A. 20-year maturity, 6 percent coupon rate.
B. 10-year maturity, 6 percent coupon rate.
C. 10-year maturity, 10 percent coupon rate.
答案
参考答案：C
解析：
All else constant, a bond with a longer maturity will be more sensitive to changes in interest rates. All else constant, a bond with a lower coupon will have greater interest rate risk.