Which Duration Is Computed by Discounting Flows Using the Yield

question 81

Multiple Choice

Which duration is computed by discounting flows using the yield to maturity of the bond?

• A) Effective
• B) Macaulay Duration
• C) Modified Duration
• D) Present Value Duration
• E) Cash Flow Duration

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Definitions:

Hostility

Feelings or acts of opposition, aggression, or animosity towards individuals or groups.

Spatial Separation

The physical distancing between groups or areas, often leading to social segregation or differences in access to resources.

Institutional Separation

The division of societal structures or organizations into distinct entities, often to maintain independence or for the purpose of specializing in different areas.

Segregation

Involves the spatial and institutional separation of racial or ethnic groups.