Question
Compute the Macaulay duration of an asset given a Macaulay convexity of 125, a modified convexity of 127, and an effective annual interest rate of
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Compute the Macaulay duration of an asset given a Macaulay convexity of 125, a modified convexity of 127, and an effective annual interest rate of 6%.
a) 17.2 b) 17.7 c) 18.3 d) 18.5 e) 18.9
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi, Francesco A. Fabozzi
10th Edition
026204627X, 978-0253337535
