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Duration is a concept that is useful in assessing a bond's A. credit risk B. liquidity risk C. interest rate risk D. convexity risk The

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Duration is a concept that is useful in assessing a bond's A. credit risk B. liquidity risk C. interest rate risk D. convexity risk The duration of a perpetuity varies with interest rates. A. directly B. inversely C. convexly D. randomly

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