Question
Scooby-Doo has a 10-year corporate bond from Chewy with a 5% coupon paid semi-annually. Face value of $1,000. YTM is 12%. What is the Modified
Scooby-Doo has a 10-year corporate bond from Chewy with a 5% coupon paid semi-annually. Face value of $1,000. YTM is 12%. What is the Modified Duration of his bond?
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