25.16 Calculate the duration of a three-year, $1,000 face-value bond with a 9-percent coupon rate, selling at

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25.16 Calculate the duration of a three-year, $1,000 face-value bond with a 9-percent coupon rate, selling at par.

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Corporate Finance

ISBN: 9780071229036

6th International Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 26, 2024 03:01 AM

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25.16 Calculate the duration of a three-year, $1,000 face-value bond with a 9-percent coupon rate, selling at

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Corporate Finance

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