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Mathematics, 06.05.2020 08:31 Snowinvain
G Problem 54.9 1 A bond will pay a coupon of 100 at the end of each of the next three years and will pay the face value of 1000 at the end of the three-year period. The bond's duration (Macaulay duration) when valued using an annual effective interest rate of 20% is X. Calculate X.
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G Problem 54.9 1 A bond will pay a coupon of 100 at the end of each of the next three years and will...
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