The Implied Duration of a Futures Contract Is the Duration

question 50

True/False

The implied duration of a futures contract is the duration of the underlying bond measured as if one owned the bond today.

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Definitions:

Fetoscopy

A medical procedure involving the insertion of a fetoscope into the uterus to examine the fetus for diagnostic purposes.

Amniotic Sac

The fluid-filled sac that surrounds and protects the fetus in the womb during pregnancy.

Premature Labor

A condition in which labor begins before 37 weeks of pregnancy, potentially leading to risks for the baby.

Fetal Death

The death of a fetus at any stage of pregnancy from causes related to or aggravated by the pregnancy or its management, but not from accidental or incidental causes.