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Finance Question 29. a. What is the duration of a two??year bond that pays an annual coupon of 10 percent and has a current yield

Finance Question 29. a. What is the duration of a twoâ??year bond that pays an annual coupon of 10 percent and has a current yield to maturity of 12 percent? Use $1,000 as the face value. (LG 3-6) b. ...

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