Question: Which statement is not true about duration? Using duration to immunize a balance sheet properly accounts for leverage. It is a better method than the

Which statement is not true about duration? Using duration to immunize a balance sheet properly accounts for leverage. It is a better method than the maturity gap model to manage interest rate risk of a portfolio. J The price estimates using duration are too high for a typical coupon bond. It can be defined as the weighted average time to maturity of an asset or liability's cash flows

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