Which has the longest duration, a 30-year, 8 percent, zero-coupon or discount bond or an 8 percent
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Which has the longest duration, a 30-year, 8 percent, zero-coupon or discount bond or an 8 percent infinite maturity consol bond? LO.1
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Financial Institutions Management A Risk Management Approach
ISBN: 9780073530758
7th Edition
Authors: Anthony Saunders, Marcia Cornett
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