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As applied to bonds, duration refers to Question 36 options: A) the point in the life of a bond when its price exactly offsets its

As applied to bonds, duration refers to

Question 36 options:

A)

the point in the life of a bond when its price exactly offsets its reinvestment risk.

B)

the point in the life of a bond when its yield-to-maturity equals its expected yield.

C)

the average maturity of a diversified portfolio of corporate bonds.

D)

the average price and annual reinvestment rate of return for a bond.

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