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Bond Z, a Zero coupon bond with a $25,000 par value and a yield to maturity of 7.5% with annual compounding that is currently sold
Bond Z, a Zero coupon bond with a $25,000 par value and a yield to maturity of 7.5% with annual compounding that is currently sold at $10,496. What is the duration of this bond?
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Production And Operations Analysis
Authors: Steven Nahmias, Tava Lennon Olsen
7th Edition
1478623063, 9781478623069
