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QUESTION 3 4 points Save The face value of a bond is 1000. It has 240 quarters till maturity. The coupon rate is 8% and

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QUESTION 3 4 points Save The face value of a bond is 1000. It has 240 quarters till maturity. The coupon rate is 8% and the coupons are received semi- annually. The YTM of the bond is 10%. Compute the duration of the bond if YTM is shocked up and down y 15bp? 9.5 O 11 12 8 10

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