Question
What is the duration of a three-year 10% (annual) coupon bond with a par value of K1, 000 and a yield to maturity of 7%?
What is the duration of a three-year 10% (annual) coupon bond with a par value of K1, 000 and a yield to maturity of 7%? Compute your answer correct to two decimal places.
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Matlab An Introduction with Applications
Authors: Amos Gilat
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