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Business, 25.03.2020 20:42 uberagentkenny

Longer maturity bonds have high risk but low risk, while higher coupon bonds have a higher level of risk and a lower level of risk. To account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called , which is the weighted average of the time it takes to receive each of the bond's cash flows.?

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