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Q1 Consider a four-year bond with a face value of $100 and a coupon rate of 20%. The term structure of interest rates is flat

Q1 Consider a four-year bond with a face value of $100 and a coupon rate of 20%. The term structure of interest rates is flat at 6%, i.e. yt = 6% for all t. a. Please calculate the duration of this bo...

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