CH 13 QUIZ 52

CH  13  QUIZ  52
 Duration is
A. Positively correlated with interest rates and coupon rates but moves in the opposite direction of maturity
B. Negatively correlated with maturity but moves in the same direction as market rates of interest and coupon rates
C. Positively correlated with maturity but moves in the opposite direction of market rates of interest and coupon rates
D. None of the above

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