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1. True or False: Duration Drift has to do with the natural tendency for Duration to increase over time. 2. True or False: When a

1. True or False: Duration Drift has to do with the natural tendency for Duration to increase over time.

2. True or False: When a bonds coupon is paid, its Duration experiences a hiccup.

3. True or False: The hiccup causes duration to increase momentarily.

4. A high- or low-coupon bond will have greater duration. Which is it?

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