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A seven-year par value bond has a coupon rate of 9% (paid annually) and a modified duration of 7 years. 5.49 years. 5.03 years. 4.87
A seven-year par value bond has a coupon rate of 9% (paid annually) and a modified duration of
- 7 years.
- 5.49 years.
- 5.03 years.
- 4.87 years.
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
