Which of the following statements about Macaulay duration is correct? A. A bonds coupon rate and Macaulay
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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.
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The correct statement about Macaulay duration is B A bonds Macaulay duration is inverse...View the full answer
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