Solved

Which of the Following Statements About Duration Is Correct? a Bond's

Question 13

Multiple Choice

Which of the following statements about duration is correct? a bond's:


A) effective duration is a measure of yield duration.
B) modified duration is a measure of curve duration.
C) modified duration cannot be larger than its Macaulay duration (assuming a positive yield-to-maturity) .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions