Question: For a zero coupon bond, duration will always be less than the time to maturity
For a zero coupon bond, duration will always be less than the time to maturity
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
