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ces Required: a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a
ces Required: a. Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 8.0%. (Do not round intermediate calculations. Round your answers to 4 decimal places.) b. What is the duration if the yield to maturity is 12.0%? (Do not round intermediate calculations. Round your answers to 4 decimal places.) YTM a. 8% YTM b. 12% YTM Duration Years Years
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
