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Consider a three-year maturity, 8 percent annual coupon bond selling at par of $1,000. a. What is the Macaulay Duration, Modified Duration, and Dollar Duration
Consider a three-year maturity, 8 percent annual coupon bond selling at par of $1,000. a. What is the Macaulay Duration, Modified Duration, and Dollar Duration of the bond? b. If in...
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Understanding Financial Statements
Authors: Lyn Fraser, Aileen Ormiston
11th edition
133874036, 978-0133874037
