SOFE
AFE · Question #49
Duration is a measure of the first-order interest rate sensitivity of a financial instrument.
The correct answer is B. False. See the full explanation below for the reasoning.
Question
Duration is a measure of the first-order interest rate sensitivity of a financial instrument.
Options
- ATrue
- BFalse
How the community answered
(25 responses)- A24% (6)
- B76% (19)
Community Discussion
No community discussion yet for this question.