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3. XYZ bond matures in 28 years at $1,000, carries a 4.4% coupon, paid semi-annually, and comparable bonds are yielding 4.6%. What is the modified
3. XYZ bond matures in 28 years at $1,000, carries a 4.4% coupon, paid semi-annually, and comparable bonds are yielding 4.6%. What is the modified duration of the bond
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International Financial Reporting Standards An Introduction
Authors: Belverd E. Needles, Marian Powers
3rd Edition
1133187943, 978-1133187943
