Duration is a measure of __________________. A) yield to maturity of a bond. B) coupon rate of a bond C) price of a bond D) effective maturity of a bond

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter6: Fixed-income Securities: Characteristics And Valuation
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Duration is a measure of __________________.

A) yield to maturity of a bond.

B) coupon rate of a bond

C) price of a bond

D) effective maturity of a bond

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