Answered: 80. The duration is independent of the…

80. The duration is independent of the coupon rate only for which one of the following? A. Discount bonds B. Premium bonds C. Perpetuities D. Short-term bonds.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter4: Bond Valuation

Section: Chapter Questions

Problem 9MC

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Question

80. The duration is independent of the coupon rate only for which one of the following?
A. Discount bonds
B. Premium bonds
C. Perpetuities
D. Short-term bonds.

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