Duration Measures

question 46

Multiple Choice

Duration measures

• A) weighted average time until a bond's half-life.
• B) weighted average time until cash flow payment.
• C) the time required to recoup one's investment,assuming the bond was purchased for $1,000.
• D) a and c.
• E) b and c.

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Definitions:

Suffix

A letter or group of letters added at the end of a word to modify its meaning or change it into a different word class.

Supply

The total amount of a product or service that is available for purchase or use.

Limp

Limp describes a type of walking that is uneven or unsteady, usually because of pain or injury to the leg or foot.

Suffix

a letter or group of letters added at the end of a word to form a new word or alter its function.