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MUST USE CF FUNCTION ON BA II PLUS PROFESSIONAL CALCULATOR. PLEASE SHOW ALL keystrokes. Will rate all answers thanks! 1. Consider a bond having the
MUST USE CF FUNCTION ON BA II PLUS PROFESSIONAL CALCULATOR. PLEASE SHOW ALL keystrokes. Will rate all answers thanks!
1. Consider a bond having the following features: $1,000 3 years Face Value: Remaining Time to Maturity: Coupon Rate: Payments Per Year: Required Return: 5% 1 7% Calculate the duration measure for this bond. Intermediate steps in the calculation should be shown to at least four decimal places, and your final answer should be shown to at least the nearest one-hundredth of a year (0.01 years)Step by Step Solution
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