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You buy a 2-year, 10% coupon bond. The principal is $1,500. The spot rates are 2% and 6%. Compute the duration
You buy a 2-year, 10% coupon bond. The principal is $1,500. The spot rates are 2% and 6%. Compute the duration
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
