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Suppose that you have a zero coupon bond with a face value of $1,000, a maturity of 5 years, and a current rate of return
Suppose that you have a zero coupon bond with a face value of $1,000, a maturity of 5 years, and a current rate of return of 8 percent compounded semi- annually. The duration equals to
5 years
10 years
4 years
8 years
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