1.Which has the longest duration, a 30-year, 8 per cent zero-coupon or discount bond, or an 8...
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1.Which has the longest duration, a 30-year, 8 per cent zero-coupon or discount bond, or an 8 per cent infinite maturity consol bond?
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Financial Institutions Management A Risk Management
ISBN: 9781743073551
4th Edition
Authors: Helen Lange, Anthony Saunders, Marcia Millon Cornett
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