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Calculate the duration of a bond given the following information: Face value:$1000 Coupon rate:3.6% p.a. Coupon frequency:Quarterly Time to maturity:9 months Interest rate:2.4% p.a.(B.E.Y convention
Calculate the duration of a bond given the following information:
Face value:$1000
Coupon rate:3.6% p.a.
Coupon frequency:Quarterly
Time to maturity:9 months
Interest rate:2.4% p.a.(B.E.Y convention - all maturities)
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
