=11/True or false: (a) the higher the duration, the lower the modified duration; (b) the longer the

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=11/True or false:

(a) the higher the duration, the lower the modified duration;

(b) the longer the maturity, the higher the modified duration;

(c) the higher the coupon, the higher the duration.

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Corporate Finance Theory And Practice

ISBN: 9781118849330

4th Edition

Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

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