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There are three annual coupon paying bonds with a YTM of 7.0%,12.0%, and 17.0%. All three bonds have a time to maturity of 1 years
There are three annual coupon paying bonds with a YTM of 7.0%,12.0%, and 17.0%. All three bonds have a time to maturity of 1 years and a coupon rate of 11%. What is the duration of each bond? Duration of 7.0% 12.0% 17.0%
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