With Exception of Zero Coupon Bonds, a Bond's Duration Is

question 36

True/False

With exception of zero coupon bonds, a bond's duration is always shorter than its time to maturity.

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Definitions:

Displacement

in psychological terms, is transferring feelings or actions from the original object of those emotions to another target.

Projection

Attributing one’s own thoughts, feelings, or motives to another person.

Regression

A return to an earlier or less advanced condition or state, often viewed in psychological contexts as a defense mechanism.

Defense Mechanisms

Largely unconscious reactions that protect a person from unpleasant emotions such as anxiety and guilt.