Question: Which one is true? a. the higher the coupon payment, the lower the bonds duration b. the higher the yield to maturity, the lower the
| Which one is true? | |||||||
| a. | the higher the coupon payment, the lower the bonds duration | ||||||
| b. | the higher the yield to maturity, the lower the bonds duration | ||||||
| c. | duration increases with maturity but at a decreasing rate | ||||||
| d. | all of the above | ||||||
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