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What will be the duration of a zero coupon bond maturing in 5 years. Would the duration of the zero coupon bond be lower or
What will be the duration of a zero coupon bond maturing in 5 years. Would the duration of the zero coupon bond be lower or higher than that of a 10% coupon bond maturing in 5 years. Please explain.
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
