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:

Verified
Correct Answer:
Verified
Q8: an investor buys a three-year bond with
Q9: an investor purchases a bond at a
Q10: a bond portfolio consists of the
Q11: a bond has an annual modified duration
Q12: a bond with exactly nine years remaining
Q14: When the investor's investment horizon is less
Q15: The holding period for a bond at
Q16: a limitation of calculating a bond portfolio's
Q17: a manufacturing company receives a ratings upgrade
Q18: Which of the following sources of return