A 5 year par value bond 1000 has an annual coupon rate of 8


A 5 year par value bond ($1,000) has an annual coupon rate of 8%. What is the modified duration of the bond? Use duration table (Note: discount rate is 8%)

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Finance Basics: A 5 year par value bond 1000 has an annual coupon rate of 8
Reference No:- TGS0601994

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