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16, Consider a b ond that has a coupon rate of 5%, three years to maturity, and is currently priced to yield 7%. Calculate the
16, Consider a b ond that has a coupon rate of 5%, three years to maturity, and is currently priced to yield 7%. Calculate the following (assume semi annual coupon payment). (a) Macauley duration (b) Modified duration (c) Effective duration (d) Percentage change in price for a 1% increase in the yield to maturity
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Codes Of Finance
Authors: Vincent Antonin Lépinay
1st Edition
0691151504, 978-0691151502
