= (b) On 21 February 2015, the yield to maturity on bonds comparable to the Butchery Withoutbones

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(b) On 21 February 2015, the yield to maturity on bonds comparable to the Butchery Withoutbones bond is 5%. Calculate the value, the modified duration and the duration on this date of the Butchery Withoutbones bond. What are your comments compared to previous results.

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