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A Bond has a Macaulay duration equal to 9.5 and a yeild to maturity of 7.5%. What is the modified duration of this bond?
A Bond has a Macaulay duration equal to 9.5 and a yeild to maturity of 7.5%. What is the modified duration of this bond?
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
