Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Rank the duration of the following pairs of bonds and write down your analysis about why?

a) bond a is an 8% coupon bond, with a 20-year time to maturity selling at par value. bond b is an 8% coupon bond, with a 2-year maturity time selling below par value.
b) bond a is a 20-year regular bond with a coupon rate of 8%. in the same market, bond b is a 20-year callable bond also with a coupon rate of 8%.