Multiple Choice
The "modified duration" used by practitioners is equal to ______ divided by (one plus the bond's yield to maturity) .
A) current yield
B) the Macaulay duration
C) yield to call
D) yield to maturity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q12: The duration of a perpetuity with a
Q49: Holding other factors constant, which one of
Q50: Holding other factors constant, the interest-rate risk
Q51: Which of the following is not true?<br>A)Holding
Q52: Which one of the following par-value 12%
Q53: Holding other factors constant, the interest-rate risk
Q54: Holding other factors constant, which one of
Q55: Which of the following are false about
Q56: The duration of a 15-year zero-coupon bond
Q74: Which of the following two bonds is