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Question 3 0.5 pts An investor buys a 6% annual payment bond with 3 years to maturity. The bond has a YTM of 8% and
Question 3 0.5 pts An investor buys a 6% annual payment bond with 3 years to maturity. The bond has a YTM of 8% and is currently priced at 94.845806 per 100 of par. The Macaulay duration is closest to...
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