Which one of the following bonds would have a duration that exactly matches its time to maturity?

Name: Which one of the following bonds would have a duration that exactly matches its time to maturity?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A zero-coupon bond has a duration that exactly matches its time to maturity because it pays no coupons and only makes a single payment at maturity. This means its cash flows are not spread out over time, making its duration equal to its maturity.

Which One of the Following Bonds Would Have a Duration