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A seven year par value bond has a coupon rate of 9% (paid annually) and YTM of 6% will have a modified duration of______ years
A seven year par value bond has a coupon rate of 9% (paid annually) and YTM of 6% will have a modified duration of______ years and a convexity of__________
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Fixed Income Markets And Their Derivatives
Authors: Suresh Sundaresan
3rd Edition
0123850517, 978-0123704719
