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    Exam 6: Interest Rate Risk Measurement: the Duration Model
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    Consider a Consol Bond with a Required Yield to Maturity
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Consider a Consol Bond with a Required Yield to Maturity

Question 50

Question 50

Multiple Choice

Consider a consol bond with a required yield to maturity of 9%.What is the consol bond's duration (round to two decimals) ?


A) Infinite as the bond has no maturity
B) 0 years
C) 9.33 years
D) 12.11 years

Correct Answer:

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