What is the duration of a bond with three years to maturity and a coupon of 5.3

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What is the duration of a bond with three years to maturity and a coupon of 5.3 percent paid annually if the bond sells at par?

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Corporate Finance

ISBN: 9781265533199

13th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Nov 22, 2023 03:23 AM

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What is the duration of a bond with three years to maturity and a coupon of 5.3

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The duration of a bond with three years to maturity and a coupon of 53 percent paid annually if the ...View the full answer

Corporate Finance

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