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Which of following state is correct? a. The duration of a coupon-paying Treasury bond would increase if its term to maturity increases. b. The duration

Which of following state is correct?

a.

The duration of a coupon-paying Treasury bond would increase if its term to maturity increases.

b.

The duration of a coupon-paying Treasury bond would increase if its coupon rate increases.

c.

The duration of zero-coupon bond would increase if its yield to maturity decreases.

d.

None of above statement is correct

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