=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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Related Book For
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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