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Consider a 6% 6-year bond with semiannual payments that is currently trading at $110.5753. Assume the current yield rate is 4%. What is Macaulay duration
Consider a 6% 6-year bond with semiannual payments that is currently trading at $110.5753. Assume the current yield rate is 4%.
What is Macaulay duration for this bond in years?
What is the modified duration for this bond in years?
What is the modified convexity for this bon in years?
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