Question
Calculate the duration of a $1000 10-year coupon bond with semiannual coupons paid at 6% per year with the interest rate 10%.
Calculate the duration of a $1000 10-year coupon bond with semiannual coupons paid at 6% per year with the interest rate 10%.
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ISE Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
12th International Edition
1265450099, 9781265450090
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