Question: 1 2 2 Multiple Cholce 4 points When the interest rate increases, what should happen to the duration of a 6 - year aero 3

1
2
2
Multiple Cholce
4 points
When the interest rate increases, what should happen to the duration of a 6-year aero
3 coupon bond?
It should be lower than 6.
It could be higher of lower than 6, depending on the magnitude of the increase.
5 It should remain at 6.
6 It should be higher than 6.
1 2 2 Multiple Cholce 4 points When the interest

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