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Homework 3d 1. For a T-note currently priced at $95 for $100 par with yield to maturity 5%, its price becomes $96 if the yield
Homework 3d
1. For a T-note currently priced at $95 for $100 par with yield to maturity 5%, its price becomes $96 if the yield drops to 4.99%. What are the T-note?s DV01, duration and Macaulay duration at 5% yield?
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