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The duration (in years) of a $1000, 2-year, 5% coupon bond (interest paid annually) is _____ year(s) when market rates are 10%?
The duration (in years) of a $1000, 2-year, 5% coupon bond (interest paid annually) is _____ year(s) when market rates are 10%?
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
