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Why is it 40.54, because I think there is no correct answer. Consider a zero-coupon bond with face value 100 AUD and a maturity of
Why is it 40.54, because I think there is no correct answer.
Consider a zero-coupon bond with face value 100 AUD and a maturity of 5 years. The market interest rate is 270%. Calculate the dollar duration of the zero- coupon bond. Please round your answer to two decimal places. O a. 40.54 O b. {=5/(1+2.7)*100 o c. 5 O d. 400 O e. 80Step by Step Solution
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