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Can anyone answer these questions Ik 3 - Apply: Securities: Fixed Income Assessment [due Da... Saved Required: a. Find the duration of a 3% coupon
Can anyone answer these questions
Ik 3 - Apply: Securities: Fixed Income Assessment [due Da... Saved Required: a. Find the duration of a 3% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 6.1\%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) b. What is the duration if the yield to maturity is 10.1% ? (Do not round intermediate calculations. Round your answers to 4 decimal places.)Step by Step Solution
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