Multiple Choice
Which of the following statements is correct?
A) The durations of zero- coupon bonds and discount securities are always equal to their terms.
B) The durations of zero- coupon bonds and discount securities are equal to their terms during a financial crisis.
C) The durations of zero- coupon bonds and discount securities are not equal to their terms.
D) The durations of zero- coupon bonds and discount securities are not always equal to their terms.
Correct Answer:

Verified
Correct Answer:
Verified
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