Dollar Duration of a Fixed-Income Security Is Defined as

question 55

Multiple Choice

Dollar duration of a fixed-income security is defined as

• A)the dollar value change in the price of a security to a one-percent change in the return on the security.
• B)the dollar value change in the price of a security to a change in the Macaulay's duration of the security.
• C)the market price of a security following a one-percent change in the return on the security.
• D)Macaulay's duration divided by one plus the interest rate times the market price of the security.

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Definitions:

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A deep awareness of and sympathy for another's suffering, coupled with the desire to alleviate it.

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A state of great disturbance, confusion, or uncertainty, typically relating to one's feelings or emotions.

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