Calculating Modified Duration Involves

Multiple Choice

Calculating modified duration involves

A) dividing the value of duration by the change in the market interest rate.
B) dividing the value of duration by 1 plus the interest rate.
C) dividing the value of duration by discounted change in interest rates.
D) multiplying the value of duration by discounted change in interest rates.
E) dividing the value of duration by the curvature effect.