Question
Franks corporation Bonds pay 10% and have a maturity of 5 years while Jim bonds pay a 4% coupon and have a maturity of nine
Franks corporation Bonds pay 10% and have a maturity of 5 years while Jim bonds pay a 4% coupon and have a maturity of nine years. how do coupons and maturity impact the duration of frank and Jim bonds?
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Fundamentals Of Investments
Authors: Bradford Jordan, Thomas Miller
4th Edition
0073314978, 9780073314976
