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Which one of the following statements is correct concerning Macaulay duration? The percentage change in a bond's price is approximately equal to the change in
Which one of the following statements is correct concerning Macaulay duration? The percentage change in a bond's price is approximately equal to the change in the yield to maturity multiplied by times Macaulay duration The duration of a coupon bond is a linear function between the time to maturity and the duration. The duration of a zero coupon bond is equal to the time to maturity. The duration of a coupon bond is greater than that of a zero coupon bond given equal maturity dates. Most bonds have durations in excess of years.
Which one of the following statements is correct concerning Macaulay duration?
The percentage change in a bond's price is approximately equal to the change in the yield to maturity multiplied by times Macaulay duration
The duration of a coupon bond is a linear function between the time to maturity and the duration.
The duration of a zero coupon bond is equal to the time to maturity.
The duration of a coupon bond is greater than that of a zero coupon bond given equal maturity dates.
Most bonds have durations in excess of years.
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A Practical Guide To Quantitative Finance Interviews
Authors: Xinfeng Zhou
1st Edition
1735028800, 978-1735028804
