The duration of a bond normally increases with an increase in: a. Term to maturity. b. Yield
Question:
The duration of a bond normally increases with an increase in:
a. Term to maturity.
b. Yield to maturity.
c. Coupon rate.
d. All of the above.
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Out of the options the one that normally increases with an increase in bond duration is a Term to ma...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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