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Bond a Has a Duration of 5

Question 60

Multiple Choice

Bond A has a duration of 5.6 while bond B has a duration of 6.0. Bond B


A) will have greater price variability, given a change in interest rates, relative to bond A.
B) will have a longer maturity than bond A.
C) will have a higher coupon rate than bond A.
D) will have less price variability, given a change in interest rates, relative to bond A.

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