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a $100 par value bond with 7% annual coupons and maturing at par in 4 years sells at a price to yield 6%. Determine the
a $100 par value bond with 7% annual coupons and maturing at par in 4 years sells at a price to yield 6%. Determine the modified duration of the bond.
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Financial Reporting And Statement Analysis A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown
4th Edition
0030238110, 978-0030238116
