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Suppose that you buy a Walmart bond with the following features: coupon rate: 6.000% semi-annual coupons par of $1,000 12 years to maturity yield (YTM)
Suppose that you buy a Walmart bond with the following features: coupon rate: 6.000% semi-annual coupons par of $1,000 12 years to maturity yield (YTM) of 6.500% settlement date: Dec. 31, 2020 maturity date: Dec. 31, 2032 What is the duration (in years) for this bond? 0 8.64 O 12.0 0 9.75 0 6.50
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