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    Exam 18: Bonds: Analysis and Strategy
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    Which Form of Duration Should Be Used When Evaluating a Floating-Rate
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Which Form of Duration Should Be Used When Evaluating a Floating-Rate

Question 18

Question 18

Multiple Choice

Which form of duration should be used when evaluating a floating-rate bond?


A) Macaulay duration
B) Modified duration
C) Effective duration
D) Convexity duration

Correct Answer:

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