Business, 26.06.2020 16:01 LigmaXD

A zero-coupon bond is selling at a deep discount price of $450. It matures in 11 years. If the yield to maturity of the bond is 6.2%, what is the duration of the bond (rounded to two places)

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A zero-coupon bond is selling at a deep discount price of $450. It matures in 11 years. If the yield...

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