A semi-annual pay non callable 1000 per value 375 coupon


A semi-annual pay, non callable, $1,000 per value, 3.75% coupon, 5-year bond is currently priced at 99.50 percent of par. Calculate the bond's effective duration if you expect yields to change by 50 points

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Financial Management: A semi-annual pay non callable 1000 per value 375 coupon
Reference No:- TGS01115414

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