Using the formulae for bond duration and the price of a zero-coupon bond, Bz, show that the
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Using the formulae for bond duration and the price of a zero-coupon bond, Bz, show that the duration of bond, Bz, is equal to its maturity.
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Excel Models For Business And Operations Management
ISBN: 9780470015094,9780470016350
2nd Edition
Authors: John Barlow
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