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Ilhich one of the following is not a correct statement Duration of a bond is a measure of bond price volatility Duration of a bond

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Ilhich one of the following is not a correct statement Duration of a bond is a measure of bond price volatility Duration of a bond indicates how a bond price will react in different interest rate environments Oc Duration of a bond is a weighted-average life of a bond Od Duration of a bond captures both price and beta of a bond Co. Duration of a bond in general, is not the same as time-to-maturity of a bond

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