Multiple Choice
Which of the following statements about Macaulay duration is correct?
A) a bond's coupon rate and Macaulay duration are positively related.
B) a bond's Macaulay duration is inversely related to its yield-to-maturity.
C) The Macaulay duration of a zero-coupon bond is less than its time-to-maturity.
Correct Answer:
Verified
Correct Answer:
Verified
Q17: a manufacturing company receives a ratings upgrade
Q18: Which of the following sources of return
Q19: The following information relates to Problems <br>an
Q20: a bond is currently trading for 98.722
Q21: The interest rate risk of a fixed-rate
Q22: Using the information below, which bond
Q24: The following information relates to Problems <br>an
Q25: Which of the following statements relating to
Q26: a Canadian pension fund manager seeks
Q27: a bond has an annual modified duration