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What is the duration of a 3 year, 6% semiannual coupon, $1,000 par value bond if comparable bonds are yielding 5% (assume continuous compounding)?
What is the duration of a 3 year, 6% semiannual coupon, $1,000 par value bond if comparable bonds are yielding 5% (assume continuous compounding)?
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Gapenskis Cases In Healthcare Finance
Authors: George H. Pink
6th Edition
1567939651, 978-1567939651
