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A $1,000 par value bond with a 7% coupon, three years to maturity with a 9% yield-to- maturity. What is the duration? (PLEASE SHOW ALL
A $1,000 par value bond with a 7% coupon, three years to maturity with a 9% yield-to- maturity. What is the duration? (PLEASE SHOW ALL STEPS THANK YOU!)
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
