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Which of the following statements about Macaulay duration is correct? O A bond's coupon rate and Macaulay duration are positively related O A bond's Macaulay
Which of the following statements about Macaulay duration is correct? O A bond's coupon rate and Macaulay duration are positively related O A bond's Macaulay duration is inversely related to its yield-to-maturity O The Macaulay duration of a coupon bond is always increasing with its time-to-maturity. O The Macaulay duration of a zero-coupon bond is less than its time-to-maturity
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