The Duration of a Perpetual Bond Is Always Equal to Its

question 63

True/False

The duration of a perpetual bond is always equal to its term to maturity.

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Definitions:

Pizza Price

The cost at which a pizza is offered for sale, which can vary based on location, ingredients, and establishment.

Supply Curve

A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell.

Pizza

A popular dish of Italian origin consisting of a round, flat base of dough topped with tomatoes, cheese, and various other ingredients baked at a high temperature.

Supply Curve

A graphical representation that illustrates the amount of product businesses are willing to produce and sell at different price points.