Question
Which of the following is true? The duration of a 12-year maturity, 14%-coupon bond must be more than 14 years. If interest rates increase, the
Which of the following is true?
The duration of a 12-year maturity, 14%-coupon bond must be more than 14 years.
If interest rates increase, the value of a fixed income security increases.
The shorter the time to maturity the longer the duration of a bond.
O Duration is a measure of a fixed-rate security's interest rate sensitivity.
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The Essential Credit Repair Handbook
Authors: Deborah McNaughton
1st Edition
160163160X, 978-1601631602
