The Duration of a Zero-Coupon Bond Is Always Smaller Than

question 7

True/False

The duration of a zero-coupon bond is always smaller than its maturity.

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Definitions:

Replication

The process of duplicating or reproducing scientific research to verify its findings.

National Rate

A statistical measure that represents a specific activity or occurrence across an entire country, often expressed per unit of population.

Dependent Variables

In an experiment, these are the variables that are tested and measured to see if they are affected by changes in the independent variables.

Random Samples

A selection method that gives each member of a population an equal chance of being chosen, often used in research to ensure representativeness.