Suppose a par value bond has a 6 percent coupon and 10 years to maturity. What is
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Suppose a par value bond has a 6 percent coupon and 10 years to maturity. What is its duration?
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Because the bond sells for par its yield is equal t...View the full answer
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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