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There are three annual coupon paying bonds with a coupon rate of 5.0%,10.0%, and 15.0%. All three bonds have a time to maturity of 18
There are three annual coupon paying bonds with a coupon rate of 5.0%,10.0%, and 15.0%. All three bonds have a time to maturity of 18 years and a YTM of 14%. What is the duration of each bond? Duration of: 5.0% 10.0% 15.0%
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