The duration of a bond is ________. a. A measurement of the bonds overall risk b. Synonymous

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The duration of a bond is ________.

a. A measurement of the bond’s overall risk

b. Synonymous with the bond’s term

c. A measurement of how long an investor holds the bond

d. A measurement of the bond’s sensitivity to interest rate changes

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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