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A zero-coupon bond has a duration equal to its maturity. (True/False) Select one: O True False Duration is a useful number because it combines the

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A zero-coupon bond has a duration equal to its maturity. (True/False) Select one: O True False Duration is a useful number because it combines the effects of maturity, coupon and market rates to indicate ho (True/False) Select one: True O False High coupon bonds will usually have higher durations than low coupon bonds of the same maturity. (True/False) Select one: True O False For two bonds with equal coupons, duration would be higher for the bond with the shortest maturity (True/False) Select one True False Duration is: O Always longer than maturity b. Always the same as matunity

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