Which of the following statements about duration is true? Group of answer choices Duration is the length
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Question:
Which of the following statements about duration is true?
Group of answer choices
Duration is the length of time necessary to pay back the investor's original investment.
The duration of a bond is some time longer than the maturity of the bond.
Duration is the investment period necessary to offset price risk and reinvestment risk.
A bond sold at the duration point will always be priced at $1,000.
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