A 7 annual-pay coupon bond has seven years to maturity the
A 7% annual-pay coupon bond has seven years to maturity. The bond is currently trading at $105.50. Using a 50 basis point change in yield, what is the approximate modified duration of the bond? Par Value: $100
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a 7 annual-pay coupon bond has seven years to maturity the bond is currently trading at 10550 using a 50 basis point
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