A 6-year bond with annual coupons at a rate of r redeemable


At an annual effective interest rate of 8%, the following securities have the same modified duration: A 6-year bond with annual coupons at a rate of r%, redeemable at par. A 10-year security with equal payments at the end of each year. Calculate r.

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Financial Management: A 6-year bond with annual coupons at a rate of r redeemable
Reference No:- TGS02341092

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