Question

How does a bond's coupon rate affect its duration?

A Higher coupon payments result in a lower duration
B Higher coupon payments result in a higher duration
C Coupon payments have zero impact on duration
D Higher coupon payments double the duration
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)