Which of the following statements about duration is correct? A bonds: A . eff ective duration is

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Which of the following statements about duration is correct? A bond’s:

A . eff ective duration is a measure of yield duration.

B . modifi ed duration is a measure of curve duration.

C . modifi ed duration cannot be larger than its Macaulay duration.

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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Question Posted: Oct 23, 2024 08:06 AM

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Which of the following statements about duration is correct? A bonds: A . eff ective duration is

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Fixed Income Analysis

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