CH 13 QUIZ 35
- University of Phoenix / Other
- 02 Sep 2015
- Price: $1
- Other / Other
CH 13 QUIZ 35 The duration of a 40-year, $1,000 bond at a market rate of 4 percent is _________ the duration of an identical bond at a market rate of 6 percent. A. Greater than B. Less than C. Equal to D. There is not enough information to tell