Spread duration is best described as: A. the length of time a credit rating stays constant. B.
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Spread duration is best described as:
A. the length of time a credit rating stays constant.
B. a measure of the weighted cash flows of the debt obligation.
C. a measure of how a bond's price will likely change if the credit spread changes in the market.
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Related Book For
Analysis Of Financial Statements
ISBN: 9781118299982
3rd Edition
Authors: Frank J. Fabozzi, Pamela Peterson Drake
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