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A 20 year 12% annual coupon bond has a par value of $1000. Assume an effective annual interest rate of 10%. Calculate the volatility of
A 20 year 12% annual coupon bond has a par value of $1000. Assume an effective annual interest rate of 10%. Calculate the volatility of the bond. A. 11.2 B. 10 C. 7.5 D. 9.1 E. 8.3
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