All else equal,as compared to an annual payment fixed income security,a semi-annual payment security has a
A)lower duration value and lower market value.
B)higher duration but lower price sensitivity.
C)lower duration and more cash flows.
D)higher duration and more cash flows.

Question

Quizplus · Accepted Answer

The higher the frequency of coupon payments, the higher the duration and the more cash flows.

All Else Equal,as Compared to an Annual Payment Fixed Income