1- Duration is a measure of

1. A bonds price.
2. A bonds contractual maturity.
3. The length of time it takes to get back the original investment.
4. Bond price volatility.

2- Bonds with___________coupon rates have a____________duration than bonds with__________coupons of the same maturity.

1. Higher; shorter; smaller
2. Lower; longer; smaller
3. Higher; longer; larger
4. Higher; shorter; larger

3- The source of data for a yield curve might be

a. bond yield by issuers over time.

b. historical Treasury security yields.

c. realized Treasury security yields by time.

d. outstanding Treasury security yields by maturity.