Question
Duration of a coupon paying bond is: equal to its maturity. less than a zero coupon bond. equal to its number of payments. None of
Duration of a coupon paying bond is:
- equal to its maturity.
- less than a zero coupon bond.
- equal to its number of payments.
- None of these.
- equal to the zero coupon bond.
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CORRECT ANSWER Option b less than a Zero Coupon Bond EXPLANATION Duration of a Bond is basically a ...Get Instant Access to Expert-Tailored Solutions
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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