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Consider a bond with a face value of $1,000, an annual coupon rate of 7 percent, a yield to maturity of 11 percent, and 10
Consider a bond with a face value of $1,000, an annual coupon rate of 7 percent, a yield to maturity of 11 percent, and 10 years to maturity. This bond's duration is:
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
