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If the prevailing yield curve is 6% flat, which bond below has the greater effective duration? Why? Terms and Conditions Bond A 100.00 4.50 S.a.
If the prevailing yield curve is 6% flat, which bond below has the greater effective duration? Why? Terms and Conditions Bond A 100.00 4.50 S.a. 5.00 Bond B 100.00 7.25 Par Value (%) Coupon Rate (%) Pmt Frequency Maturity (Yrs) S.a. 5.00
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