Which One of the Following Is an Incorrect Statement Concerning

question 4

Multiple Choice

Which one of the following is an incorrect statement concerning duration

• A)The higher the yield to maturity, the greater the duration.
• B)The higher the coupon, the shorter the duration.
• C)The difference in duration is small between two bonds with different coupons each maturing in more than 15 years.
• D)The duration is the same as term to maturity only in the case of zero-coupon bonds.
• E)All of the statements are correct.

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Definitions:

Underemployed Workers

Individuals who are working in a job that does not fully utilize their skills and abilities or who are working fewer hours than they prefer.

Part-time Jobs

Employment positions that require fewer hours of work per week compared to a full-time position, often offering flexible schedules.

Experience

The knowledge or skill acquired by a person through direct involvement in or exposure to events or activities.

Middle-class Americans

Individuals or families in the United States that fall into a socio-economic group characterized by moderate income, education levels, and occupation types, typically perceived as the backbone of American economy and culture.