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Business, 06.11.2020 17:10 queenbee2994
a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and has a yield to maturity of 6%. Note: The face value of the bond is $1,000. (Do not round intermediate calculations. Round your answers to 3 decimal places.) b. What is the duration if the yield to maturity is 10%
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a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until m...
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