Compute Bondy Bonds duration using the yield computed in the previous problem.
Question:
Compute Bondy Bond’s duration using the yield computed in the previous problem.
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Duration is defined by where C is the yearly coupon L is the bonds par or p...View the full answer
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Related Book For 
An Introduction to Derivative Securities Financial Markets and Risk Management
ISBN: 978-0393913071
1st edition
Authors: Robert A. Jarrow, Arkadev Chatterjee
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