Business, 30.10.2021 14:00 ja815792

3.Suppose that you purchase a bond that matures in five years and pays a 13.76% coupon rate annually. The bond is priced to yield 10%. Assume the par value of the bond is $1,000. What’s the duration?

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3.Suppose that you purchase a bond that matures in five years and pays a 13.76% coupon rate annually...

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