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could i get this either step by step or on calculator? A bond currently has a price of $1.050. The yield on the bond is
could i get this either step by step or on calculator?
A bond currently has a price of $1.050. The yield on the bond is 6%. If the yield decreases 25 basis points, the price of the bond will go up to $1,080. The duration of this bond is_ years. 7.46 80s 9.02 12.11 NextStep by Step Solution
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