Which has the longest duration: a 30-year, 8 percent yield to maturity, zerocoupon bond, or a 30-year,
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Which has the longest duration: a 30-year, 8 percent yield to maturity, zerocoupon bond, or a 30-year, 8 percent yield to maturity, 5 percent coupon bond?
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Related Book For
Financial Markets And Institutions
ISBN: 9781259919718
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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