Question: Hide answer choices A equal to 1 2 years less than six years Correct: less than 1 2 years equal to six years greater than

Hide answer choices A
equal to 12 years
less than six years
Correct:
less than 12 years
equal to six years
greater than 20 years
A decrease in interest rates will
Hide answer choices
decrease the bond's PV
Correct:
increase the bond's duration
lower the bond's coupon rate
change the bond's payment frequency
not affect the bond's duration
Hide answer choices A equal to 12 years less than six

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