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Explain how duration changes if the following bond characteristics change. In each case, assume nothing else about the bond changes except the factor mentions. a.

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Explain how duration changes if the following bond characteristics change. In each case, assume nothing else about the bond changes except the factor mentions. a. Maturity of the bond b. Bond coupon c. Coupon payment frequency d. Adding a call feature to a bond e. Adding a put feature to a bond

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