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What is the duration of a 4 year, semiannual bond with a YTM of 5%, if the coupon rate is 6%? How much will the
What is the duration of a 4 year, semiannual bond with a YTM of 5%, if the coupon rate is 6%? How much will the bond change if the rate climbs to 6%? What was the duration predicted change?
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