Bert Namagong has been told recently that a bonds duration can be used as a measure of

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Bert Namagong has been told recently that a bond’s duration can be used as a measure of its volatility to changes in yield. The larger its duration, the more volatile is the bond. Bert would like to find the most volatile bond in Table 4.9. He will first use Excel’s DURATION function and the information given in Exercise

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