The duration of a 5-year zero-coupon bond is ____ years.
A. 4.5
B. 5
C. 5.5
D. 3.5
Answer: B
The duration of a 5-year zero-coupon bond is ____ years.
A. 4.5
B. 5
C. 5.5
D. 3.5
Answer: B
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