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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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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