Which of the Following Statements About the Macaulay Duration of a Zero-Coupon

question 6

Multiple Choice

Which of the following statements about the Macaulay duration of a zero-coupon bond is true? The Macaulay duration of a zero-coupon bond:

• A) Is equal to the bond's maturity in years.
• B) Is equal to one-half the bond's maturity in years.
• C) Is equal to the bond's maturity in years divided by its yield-to-maturity.
• D) Cannot be calculated because of the lack of coupons.

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Interval Data

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The comprehensive evaluation of a student's performance in a course, typically expressed as a letter grade or percentage.