Question: Given its time to maturity, the duration of a zero-coupon bond is _____ lowest when the discount rate is equal to the risk-free rate higher

 Given its time to maturity, the duration of a zero-coupon bond

Given its time to maturity, the duration of a zero-coupon bond is _____ lowest when the discount rate is equal to the risk-free rate higher when the discount rate is higher higher when the discount rate is lower the same regardless of the discount rate

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