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Consider the five-year, $1000 bond with a 5% coupon rate and semiannual coupon payment. the yield curve is flat at ytm 4.23%. what is the
Consider the five-year, $1000 bond with a 5% coupon rate and semiannual coupon payment. the yield curve is flat at ytm 4.23%. what is the bond price? what is the bond duration?
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