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A bond has a face value of $100,000, a coupon rate of 6%, a maturity of one year, and with a yield of 7%. The
A bond has a face value of $100,000, a coupon rate of 6%, a maturity of one year, and with a yield of 7%. The coupons are paid semi-annually. Calculate the duration of this bond. [Use t = 1, 2]
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
