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Which of the following is the correct statement about the duration of a 5-year Zero Coupon bond? The duration is A. B. C. D. Zero. between 1 and 5 years but closer to 1 year. exactly 5 years. above 5 years.

Which of the following is the correct statement about the duration of a 5-year Zero Coupon bond? The duration is A. B. C. D. Zero. between 1 and 5 years but closer to 1 year. exactly 5 years. above 5 years.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Which of the following is the correct statement about the duration of a 5-year Zero Coupon bond? The duration is A. B. C. D. Zero. between 1 and 5 years but closer to 1 year. exactly 5 years. above 5 years.
Transcribed Image Text:Which of the following is the correct statement about the duration of a 5-year Zero Coupon bond? The duration is A. B. C. D. Zero. between 1 and 5 years but closer to 1 year. exactly 5 years. above 5 years.
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