The Duration of a 20-Year Zero-Coupon Bond Is

question 64

Multiple Choice

The duration of a 20-year zero-coupon bond is

• A) equal to 20.
• B) larger than 20.
• C) smaller than 20.
• D) equal to that of a 20-year 10% coupon bond.

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Definitions:

Team Skill

Composite of abilities and competencies that members of a team possess and utilize to achieve collaborative tasks and goals effectively.

Support Groups

Gatherings of people who share a common condition or problem, who meet regularly to discuss their experiences, share tips, and offer mutual support.

Informal Groups

Social networks or clusters of individuals who interact with each other outside the formal organizational structure, often based on personal relationships, shared interests, or common values.

Autonomous Work Group

A group of workers who are given the responsibility and authority to manage themselves and make decisions about their work without direct supervision.