The "modified duration" used by practitioners is equal to the Macaulay duration
A) times the change in interest rate.
B) times (one plus the bond's yield to maturity) .
C) divided by (one minus the bond's yield to maturity) .
D) divided by (one plus the bond's yield to maturity) .
Correct Answer:
Verified
Q3: Holding other factors constant, which one of
Q4: The interest-rate risk of a bond is
A)the
Q5: The "modified duration" used by practitioners is
Q6: Given the time to maturity, the duration
Q7: Holding other factors constant, the interest-rate risk
Q8: Holding other factors constant, the interest-rate risk
Q9: Ceteris paribus, the duration of a bond
Q10: Which of the following two bonds is
Q11: Holding other factors constant, the interest-rate risk
Q16: The duration of a par-value bond with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents