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Calculate the modified duration of the following bond. Please list the numbers that go as part of the formula parameters: The pandemic years have been
Calculate the modified duration of the following bond. Please list the numbers that go as part of the formula parameters: The pandemic years have been a very active time for Corporate Bonds, as many companies attempted to raise cash at recordlow rates. For example, AT&T raised cash by selling a corporate bond in May with a time to maturity of years. They raised billion USD, promising a face value of billion USD, and a coupon rate of per year, paid semiannually. The yield to maturity needs to be
Calculate the modified duration of the following bond. Please list the numbers that go as part of the formula parameters:
The pandemic years have been a very active time for Corporate Bonds, as many companies attempted to raise cash at recordlow rates. For example, AT&T raised cash by selling a corporate bond in May with a time to maturity of years. They raised billion USD, promising a face value of billion USD, and a coupon rate of per year, paid semiannually. The yield to maturity needs to be
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