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What is the duration of a five-year Treasury bond with a 4% coupon rate when the coupon payments are made every 6 month? The bond
- What is the duration of a five-year Treasury bond with a 4% coupon rate when the coupon payments are made every 6 month? The bond is currently selling at 5% premium (its market value equal to 105% of the face value).
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International Financial Management
Authors: Geert Bekaert, Robert Hodrick
3rd edition
1107111820, 110711182X, 978-1107111820
