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Calculate the duration of a 1 year bond with 5% coupon rate, paid semiannually and a 6% yield. Assume the face value of the bond
Calculate the duration of a 1 year bond with 5% coupon rate, paid semiannually and a 6% yield. Assume the face value of the bond is 1000
a. list all cash flows and the times at which they occur ( can you please explain how you got this)
b. calculate the present value of each cash flow
c. calculate the price of the bond
d. calculate the duration of the bond
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