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A corporate bond currently carries a yield to maturity of 1 2 percent for a maturity of 5 years. The bond pays $ 1 0
A corporate bond currently carries a yield to maturity of percent for a maturity of years. The bond pays $ in annual interest. If the bond has a par value of $ what is the duration of this bond?
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Financial Management For Nonprofit Organizations Policies And Practices
Authors: Jo Ann Hankin, John Zietlow, Alan Seidner, Tim O'Brien
3rd Edition
1119382564, 9781119382560
