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thank you :) A bond with a coupon rate of 11 percent sells at a yield to maturity of 13 percent. If the bond matures
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A bond with a coupon rate of 11 percent sells at a yield to maturity of 13 percent. If the bond matures in 15 years, what is the Macaulay duration? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Macaulay duration Years Step by Step Solution
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The Oxford Handbook Of Sovereign Wealth Funds
Authors: Douglas J. Cumming, Geoffrey Wood, Igor Filatotchev, Juliane Reinecke
1st Edition
0198754809, 978-0198754800
