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Problem 13-02 A bond for the Chelle Corporation has the following characteristics: Maturity - 12 years Coupon - 9% Yield to maturity - 7.50% Macaulay

Problem 13-02 A bond for the Chelle Corporation has the following characteristics: Maturity - 12 years Coupon - 9% Yield to maturity - 7.50% Macaulay duration - 7.83 years Convexity - 76.81 Noncallabl...

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