Question
For non-zero coupon bonds A. duration always exceeds maturity B. duration always equals maturity C. duration is always less than maturity D. duration is shorter
For non-zero coupon bonds
A. duration always exceeds maturity
B. duration always equals maturity
C. duration is always less than maturity
D. duration is shorter for longer maturities
E. duration does not depend on maturity
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Get StartedRecommended Textbook for
Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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