True or false: the higher the duration, the lower the modified duration; the longer the maturity, the

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True or false:

the higher the duration, the lower the modified duration;

the longer the maturity, the higher the modified duration;

the higher the coupon, the higher the duration.

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Corporate Finance Theory And Practice

ISBN: 9781119841623

6th Edition

Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen

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