A 1000 bond that pays annual coupons at 7 redeems at par in
Question - A $1,000 bond that pays annual coupons at 7% redeems at par in exactly 5 years from now. Calculate the Modified Duration, if the yield to maturity is currently 6%.
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question - a 1000 bond that pays annual coupons at 7 redeems at par in exactly 5 years from now calculate the modified
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