Multiple Choice
Duration measures
A) weighted-average time until a bond's half-life.
B) weighted-average time until cash flow payment.
C) the time required to make excessive profit from the investment.
D) weighted-average time until a bond's half-life and the time required to make excessive profit from the investment.
E) weighted-average time until cash flow payment and the time required to make excessive profit from the investment.
Correct Answer:

Verified
Correct Answer:
Verified
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