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A bond with a face value of $1,000 pays 6% annual coupon on a semiannual basis. The maturity is 5 years. The Yield to Maturity
A bond with a face value of $1,000 pays 6% annual coupon on a semiannual basis. The maturity is 5 years. The Yield to Maturity is 12%. What's the duration of this Bond? What is the convexity of the bond?
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
