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A 10-year coupon bond sells for 10,736 using a yield rate of 6%. The modified duration is 7.18. Estimate the price at 5%.
A 10-year coupon bond sells for 10,736 using a yield rate of 6%.
The modified duration is 7.18.
Estimate the price at 5%.
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
