Business, 15.04.2020 21:17 angelapegues20097
What is the duration of a five-year, $1,000 Treasury bond with a 10 percent semiannual coupon selling at par? Selling with a yield to maturity of 12 percent? 14 percent? What can you conclude about the relationship between duration and yield to maturity? Plot the relationship. Why does this relationship exist?
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What is the duration of a five-year, $1,000 Treasury bond with a 10 percent semiannual coupon sellin...
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