How is duration related to the interest elasticity


Problem

How is duration related to the interest elasticity of a fixed-income security? What is the relationship between duration and the price of the fixed-income security?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How is duration related to the interest elasticity
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