[Solved] A government bond currently carries a yie

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A government bond currently carries a yield to maturity of 6 percent and a market price of $1,168.49. If the bond promises to pay $100

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A government bond currently carries a yield to maturity of 6 percent and a market price of $1,168.49. If the bond promises to pay $100 in interest annually for five years, what is its current duration? (Problems and projects 7-17 from the book)

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