An investor wants to find the duration of a 25-year 6


Question: An investor wants to find the duration of a 25-year, 6% semiannual-pay, noncallable bond that's currently priced in the market at $882.72, to yield 7%. Using a 50 basis point change in yield, find the effective duration of this bond.

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Accounting Basics: An investor wants to find the duration of a 25-year 6
Reference No:- TGS02421796

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