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Consider a 7-year annual coupon bond with 7.20% and a yield to maturity of 5.17%. Given that the redemption value is 1. Calculate (i) the
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Consider a 7-year annual coupon bond with 7.20% and a yield to maturity of 5.17%. Given that the redemption value is 1. Calculate (i) the price of the coupon bond (ii) the Macaulay duration(iii) the effective duration
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