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A 10-year 5% coupon bond is trading at par. When we calculate the duration of this bond, what percentage is the weight of the first
A 10-year 5% coupon bond is trading at par. When we calculate the duration of this bond, what percentage is the weight of the first coupon at will be paid one year from today?
| A. | 7.5% | |
| B. | 10% | |
| C. | 4.76%
| |
| D. | 8.65%
|
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
