Consider a Consol Bond with a Required Yield to Maturity

question 50

Multiple Choice

Consider a consol bond with a required yield to maturity of 9%.What is the consol bond's duration (round to two decimals) ?

• A)Infinite as the bond has no maturity
• B)0 years
• C)9.33 years
• D)12.11 years

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Definitions:

Nephrotic Syndrome

Term applied to renal disease of whatever cause characterized by massive edema, proteinuria, and usually elevation of serum cholesterol and lipids.

Glomerulonephritis

A type of kidney disease characterized by inflammation of the glomeruli, affecting the organ's ability to filter waste and fluids.

Chronic Renal Failure

The end result of the progressive loss of kidney function.