A bond currently sells for 1050 which gives it a yield to
A bond currently sells for $1,050, which gives it a yield to maturity of 6%. Suppose that if the yield increases by 25 basis points, the price of the bond falls to $1,025. What is the duration of this bond?
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a bond currently sells for 1050 which gives it a yield to maturity of 6 suppose that if the yield increases by 25 basis
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