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*Show work step by step A bond is 1 year from maturity, pays semiannually, has an 8% coupon rate and a 4% YTM. Calculate the
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- A bond is 1 year from maturity, pays semiannually, has an 8% coupon rate and a 4% YTM. Calculate the duration of this bond.
Answer: 0.98
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Cases In Healthcare Finance
Authors: Louis C. Gapenski, George H. Pink
4th Edition
1567933424, 978-1567933420
