Duration of a zero coupon bond is equal to the bond's maturity.
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Q15: Normally, duration is less than the maturity
Q16: Duration increases with the maturity of a
Q17: Duration is the weighted-average present value of
Q18: Duration is related to maturity in a
Q19: The difference between the changes in the
Q21: Using a fixed-rate bond to immunize a
Q22: Deep discount bonds are semi-annual fixed-rate coupon
Q23: The immunization of a portfolio against interest
Q24: Perfect matching of the maturities of the
Q25: For a given maturity fixed-income asset, duration
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