Assuming No Change in Interest Rates, the Duration of a Coupon

question 97

Multiple Choice

Assuming no change in interest rates, the duration of a coupon bond

• A) stays constant.
• B) declines more slowly than the term to maturity.
• C) declines more quickly than the term to maturity
• D) increases at a slower rate than the term to maturity.
• E) changes in line with the term to maturity.

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