Which statement is true for the Macaulay duration of a zero coupon bond? a. It is equal

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Which statement is true for the Macaulay duration of a zero coupon bond?

a. It is equal to the bond’s maturity in years.

b. It is equal to one-half the bond’s maturity in years.

c. It is equal to the bond’s maturity in years divided by its yield to maturity.

d. It cannot be calculated because of the lack of coupons.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 29, 2023 10:04 PM

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Which statement is true for the Macaulay duration of a zero coupon bond? a. It is equal

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The correct statement is a It is equal to the bonds maturity in years Heres why Macaulay duration me...View the full answer

Fundamentals Of Investments Valuation And Management

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