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please can you show the process in a financial calculator or excel Consider a three-year 4% coupon bond with a face value of $1000 and
please can you show the process in a financial calculator or excel
Consider a three-year 4% coupon bond with a face value of $1000 and semiannual payments. The yield on the bond is 15% per annum with continuous compounding. What's the duration of the bond in number of yearsStep by Step Solution
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