Question
A 3-year bond pays annual coupons of 15%. The face value of the bond is $10,000 and it has a YTM of 15%. Determine
A 3-year bond pays annual coupons of 15%. The face value of the bond is $10,000 and it has a YTM of 15%. Determine the duration of this bond.
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
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978-111863091, 1118630912, 978-1118630914
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