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please make final answer clear Assume the same information as in the previous question. A two-year, $1,000 (i.e., face value) bond that pays an annual
please make final answer clear
Assume the same information as in the previous question. A two-year, $1,000 (i.e., face value) bond that pays an annual coupon of 10 percent and trades at a yield of 8 percent. Calculate Modified Duration, and Dollar Duration. 1.6380 years; $1,696.37 1.8519 years : $1,917.89 1.769 years ;$1,832.08 1.8889 years; $1,956.25 1.769 years: $1,769.00 Step by Step Solution
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