Using the duration from Problem 18-1, determine a. The modified duration b. The percentage change in the

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Using the duration from Problem 18-1, determine

a. The modified duration

b. The percentage change in the price of the bond if r changes 0.50 percent.

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Question Posted: Dec 15, 2015 06:27 AM

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Using the duration from Problem 18-1, determine a. The modified duration b. The percentage change in the

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The duration as calculated in Problem 181 is 267 years Modified duration 2671045 25...View the full answer

Investments Analysis and Management

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