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Assume Salalah Auto issued bonds with 100 OMR face value and a 8 per cent annual coupon rate. These bonds have a 10 per cent
Assume Salalah Auto issued bonds with 100 OMR face value
and a 8 per cent annual coupon rate. These bonds have a
10 per cent yield to maturity and a maturity date of 5
years. Calculate the Macaulay Duration and Modified
Duration.
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