For an option-free fixed-rate bond trading at a premium, as the coupon payment date approaches, the Macaulay duration most likely: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz
Chartered Financial Analyst Level 1
Get started today
Ultimate access to all questions.
For an option-free fixed-rate bond trading at a premium, as the coupon payment date approaches, the Macaulay duration most likely: