Which of the Following Statements Regarding Duration Is INCORRECT

question 18

Multiple Choice

Which of the following statements regarding duration is INCORRECT?

• A)Yield to Maturity is inversely related to duration,holding coupon and maturity constant.
• B)Coupon is inversely related to duration,holding maturity and YTM constant.
• C)For all coupon-paying bonds,duration equals time to maturity.
• D)Duration expands with time to maturity at a decreasing rate,holding coupon and YTM constant.

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Definitions:

Marital Relationships

The emotional, physical, and legal bonds between spouses that are usually recognized by society or law.

Financial Stability

Refers to the condition where an individual or institution can withstand economic fluctuations without experiencing undue hardship, maintaining a steady stream of income and managing debt effectively.

Household Duties

Tasks and chores that are required to maintain the running of a home, such as cleaning, cooking, and gardening.

Obergefell V. Hodges

A landmark civil rights case in which the Supreme Court of the United States ruled that the fundamental right to marry is guaranteed to same-sex couples.