Question: ****I thought it was answer B but I got it wrong**** be a generic bond pricing function as discussed in the lectures. Dollar duration is:

****I thought it was answer B but I got it wrong****

be a generic bond pricing function as discussed in the lectures. Dollar duration is:

Question 2 options:

A.

How long it takes on average to get the bond payments back.

B.

A measure interest rate risk as captured by the slope of the yield curve

C.

The slope of the bond pricing function.

D.

The second order derivative of the bond pricing fuction at certain level of the yield y

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