The Duration of a Bond Portfolio Is the Weighted Average

question 56

True/False

The duration of a bond portfolio is the weighted average of the durations of the individual bonds included in the portfolio.

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Definitions:

Chorionic Villus Sampling

A prenatal test in which a sample of chorionic villi from the placenta is taken to test for genetic abnormalities in the fetus.

Amniocentesis

A medical procedure used in prenatal diagnosis to sample amniotic fluid from the uterus to detect abnormalities in a fetus.

Intra-Uterine Probe Testing

A diagnostic or investigative procedure that involves inserting a device into the uterus, often used for assessing fetal health or for diagnostic purposes.

Ultrasound

A diagnostic imaging technique that uses high-frequency sound waves to create images of structures within the body.