11. Calculate the duration Of a SIOOO, 6% coupon bond with three years to maturity. Assume that...

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11. Calculate the duration Of a SIOOO, 6% coupon bond with three years to maturity. Assume that all mar-

ket interest rates are 7%.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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