1.You have discovered that the price of a bond rose from $975 to $995 when the yield...

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1.You have discovered that the price of a bond rose from $975 to $995 when the yield to maturity fell from 9.75 per cent to 9.25 per cent. What is the duration of the bond? LO 6.1

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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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Question Posted: Oct 21, 2024 03:03 AM

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1.You have discovered that the price of a bond rose from $975 to $995 when the yield to maturity fell from 9.75 per cent to 9.25 per cent. What is the duration of the bond? LO 6.1
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1.You have discovered that the price of a bond rose from $975 to $995 when the yield...

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Financial Institutions Management A Risk Management

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