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A Treasury bond that settles on October 18, 2019, matures on March 30, 2038. The coupon rate is 5.70 percent, and the bond has a
A Treasury bond that settles on October 18, 2019, matures on March 30, 2038. The coupon rate is 5.70 percent, and the bond has a yield to maturity of 5.01 percent. What are the Macaulay duration and modified duration? (Use the duration functions in Excel to solve the problem. Do not round intermediate calculations. Round your answers to 4 decimal places.) Macaulay duration Modified duration
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Entrepreneurial Finance And Accounting For High-Tech Companies
Authors: Frank J Fabozzi
1st Edition
0262336901, 9780262336901
