Question
If the YTM of Bond E temains unchanged in the coming year, how will its effective duration change one year from today? Is it correct
If the YTM of Bond E temains unchanged in the coming year, how will its effective duration change one year from today?
Is it correct to answer that effective duration decreases one year from today, because time to maturity decreases after one year?
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Investments An Introduction
Authors: Herbert B. Mayo
12th edition
1305638417, 978-1337430937, 1337430935, 978-1305638419
