Question
Which of the following is not a correct interpretation of duration? A)Duration is an elective maturity which takes coupon payments and yields to maturity into
Which of the following is not a correct interpretation of duration?
A)Duration is an elective maturity which takes coupon payments and yields to maturity into account B)Duration measures how long in years will the holder of the bond get back his/her initial investment C)The duration of a bond can never exceed its maturity D)None of the above
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Financial Reporting And Statement Analysis A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown
4th Edition
0030238110, 978-0030238116
