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You were asked to calculate the duration of a 10 year bond that has a coupon of 2.80% and a YTM of 3.40%. You could

You were asked to calculate the duration of a 10 year bond that has a coupon of 2.80% and a YTM of 3.40%. You could have typed the numbers into the duration calculator rather than actually calculating the weights and multiplying them by time. To ensure you did the work, please answer this question: What is the present value of the 15th coupon?

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