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A bond with a face value of $1,000 issued by KLC Corporation has a coupon interest rate of 9% and maturity of 5 years. Calculate
A bond with a face value of $1,000 issued by KLC Corporation has a coupon interest rate of 9% and maturity of 5 years. Calculate the duration of this bond
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Public Finance
Authors: Harvey S. Rosen
5th Edition
025617329X, 978-0256173291
