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In Excel: Create four ( 4 ) 2 - variable What if analyses of bonds: clean bond price, dirty bond price, Macaulay duration, and
In Excel: Create four variable "What if analyses of bonds: clean bond price, dirty bond price, Macaulay duration, and modified duration. Highlight the rows in the "What if table where the yield to maturity equals the coupon rate of the bond where the price of the bond equals the par, or face, value of the bond.
Write a brief explanation of what the "What if tables explains to us about the particular bond analyzed.
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