Macaulays duration is less than modified duration except for: a Zero-coupon bonds. b. Premium bonds. c. Bonds

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Macaulay’s duration is less than modified duration except for:

a Zero-coupon bonds.

b. Premium bonds.

c. Bonds selling at par value.

d. None of the above.

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jul 26, 2024 11:03 AM

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Macaulays duration is less than modified duration except for: a Zero-coupon bonds. b. Premium bonds. c. Bonds

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Essentials Of Investments

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