Duration Is

question 23

Multiple Choice

Duration is

• A)an asset's term to maturity.
• B)the time until the next interest payment for a coupon bond.
• C)the average lifetime of a debt security's stream of payments.
• D)the time between interest payments for a coupon bond.

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Definitions:

Statement of Income

The statement of income, also known as an income statement or profit and loss statement, is a financial document that outlines a company's revenues, expenses, and net income over a specific period, demonstrating the company's financial performance.

Dividend Yield

The measure of how much a company pays out in dividends each year relative to its stock price, often expressed as a percentage.

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been deducted from total revenues.

Market Price

The current price at which an asset or service can be bought or sold.