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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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