Tag Consider the two bonds with the same maturity (7 years). What explains the different durations of the 2 bonds?

Consider the following bonds with face values of $1,000. The coupon bonds make semi-annual coupon payments: Issuer Years to Maturity Coupon Price (% of FV) GAP Inc. 7 5.95% 113.647 European Investment Bank 7 2.50% 100.813 Raymond James 10 5.95%…