Question
Everything else equal, duration for a low coupon bond will be ________________ the duration of a same maturity high coupon bond. shorter than longer than
Everything else equal, duration for a low coupon bond will be ________________ the duration of a same maturity high coupon bond.
| shorter than
| ||
| longer than
| ||
| equal to
| ||
| could be longer than, shorter than or equal to |
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
