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A treasury bond that settles on November 18, 2013, matures on April 30, 2032. The coupon rate is 6.3 percent and the bond has a
A treasury bond that settles on November 18, 2013, matures on April 30, 2032. The coupon rate is 6.3 percent and the bond has a 5.45 yield to maturity. What are the Macaulay duration and modified duration?
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
